Pakistan’s exit from FATF grey list; PM felicitates nation
ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif has felicitated the nation and welcomed the announcement of the Financial Action Task Force (FATF) that Pakistan has met all its conditions for exclusion from the grey list. The prime minister said that the return of Pakistan to the FATF white list will help improve economic and financial situation of Pakistan. The FATF reviewed Pakistan’s progress on FATF Action Plans in its plenary meetings held in Berlin from Monday till Friday. The FATF acknowledged the completion of Pakistan’s both Action Plans (2018 and 2021) and has authorized an onsite visit to Pakistan, as a final step to exit from the FATF’s grey list. Pakistan has covered a lot of ground in the Anti-Money Laundering and Combating Terror Financing (AML/CFT) domain during the implementation of FATF Action Plans.
Source:The Nation
June 18, 2022 18:40 UTC
TLP to challenge MQM victory in NA-240 by-poll
The DMC staff was deployed at night, and at many stations rigging for the defeat of the TLP was carried out,” he alleged. “Ballot boxes were lifted from three polling stations, and we have the evidence for that. According to unofficial results from all 309 polling stations, Muhammad Abu Bakar of MQM-P won the by-polls by securing 10,683 votes. The NA-240 constituency includes Landhi and Korangi Abdullah Shah Noorani Town, Landhi Babar Market, Shah Khalid Colony, Zamanabad, Christian Colony, Jamnagar, Khizrabad, Khurramabad, Pir Bukhari Colony. The population of the constituency is more than 854,000 and the number of voters is 529,855, including 235,470 women voters.
Source:The Nation
June 18, 2022 10:15 UTC
An Important Speech
This diagnosis of FM Bhutto is not incorrect, however it is important to add some caveats to this considering the complexities in play. During his speech, FM Bhutto particularly identified India and the US as countries with which Pakistan’s relations have been problematic. This of course has meant the incoming government and new staff at the foreign office has had to conduct a reparation drive to mend relationships and give assurances to key allies. FM Bhutto is right in pointing out that it is time to pivot towards economic diplomacy and that Pakistan gains nothing by remaining disengaged with India. South Asia remains one of the least connected regions in the world pursuing economic connectivity is the need of the hour.
Source:The Nation
June 18, 2022 08:17 UTC
PM felicitates nation on FATF announcement
Prime Minister Shehbaz Sharif Friday felicitated the nation and welcomed the announcement of Financial Action Task Force (FATF) that Pakistan had met all its conditions for exclusion from the Grey List. Read more: Pakistan all but exits grey listHe appreciated the performance of Minister of State for Foreign Affairs Hina Rabbani Khar and team of the Foreign Ministry. “I pay tribute to the whole team working for the success of Pakistan,” he said adding the statement of FATF was recognition of the restoration of the international reputation of Pakistan. “More such good news will be destiny of Pakistan in future,” he said adding the return of Pakistan to the white list would help in improving the economic and financial situation of Pakistan. “We are working with the same determination for the economic revival of Pakistan,” he concluded.
Source:The Nation
June 18, 2022 08:14 UTC
PM Shehbaz congratulates nation as Pakistan ‘substantially completes’ FATF action plans
Terming Pakistan’s imminent return to the ‘white list’ a step towards success, PM Shehbaz congratulated the core team, government institutions and all other persons involved in the successful implementation of the FATF action plan. “Praise be to Allah, everyone’s efforts have borne fruit,” said the PM in a statement. The prime minister further said that the FATF statement was a recognition of the restoration of Pakistan’s reputation internationally. Following a meeting in Paris in June 2018, the Paris-based organisation formally included Pakistan on its “grey list” of countries with inadequate controls over curbing money laundering and terrorism financing. The organisation can make recommendations to any of the countries that have signed a membership charter, as well as other nations, but it has no power to impose sanctions.
Source:The Nation
June 18, 2022 06:17 UTC
PM congratulates nation on Pakistan’s forthcoming return to FATF white list
Prime Minister Shehbaz Sharif congratulated the country on its return to the white list from the FATF grey list. In a statement issued on Saturday, Prime Minister Narendra Modi welcomed the Financial Action Task Force’s recognition that Pakistan has met all of the requirements for removal from the grey list. “By the grace of God, Pakistan’s return to the white list is a great achievement. “Pakistan’s economic situation will improve after it is reinstated on the white list,” he hoped. “It is hoped that Pakistan will be removed from the grey list before October,” the former interior minister tweeted on Saturday.
Source:The Nation
June 18, 2022 06:13 UTC
Cry Pakistan!
Pakistan comes across as a nation which seems to be perennially at strife with itself, teetering constantly on the verge of implosion. The internal struggle for power continued relentlessly and culminated in the irreparable loss of East Pakistan. The cry, the longing for the real Pakistan, sprouting forth from each Pakistani heart, is fast becoming a scream. Pakistan cries out loud for the fulfillment of its destiny; for it to take its rightful, respectful place in the comity of nations. This cry for Pakistan is reverberating nation-wide now and will not wither away as just another “cry in the wilderness”!
Source:The Nation
June 18, 2022 05:59 UTC
Pakistan all but exits grey list
It's the final day of the FATF plenary in Berlin. Also read Pakistan pins hopes on ‘onsite visit’ to exit FATF 'grey list'In February 2018, the FATF had decided to place Pakistan on the grey list with effect from June 2018 and handed it over a list of 27 conditions that it needed to implement to exit the grey list. "Pakistan is not being removed from the grey list today. The country will be removed from the list if it successfully passes the onsite visit," FATF president Marcus Pleyer told a news conference. The purpose of the onsite visit, he said, is to verify the completion of reforms to check whether it is sustainable and irreversible.
Source:The Express Tribune
June 18, 2022 05:02 UTC
PM Shehbaz Sharif welcomes FATF announcement, felicitates nation
PM Shehbaz Sharif. Photo: The News/FileISLAMABAD: Prime Minister Shehbaz Sharif, while welcoming the announcement of the Financial Action Task Force (FATF) regarding completion of its action plan by Pakistan, congratulated the nation over the big achievement on Friday. PM Shehbaz Sharif said that InshaAllah, more good news would be heard in the days to come. "Return of Pakistan to the FATF whitelist will also help improve the country's economy," he said. The PM said he and his team were working for economic restoration of Pakistan.
Source:The Nation
June 18, 2022 03:30 UTC
General healthcare in Pakistan
Likewise, our beloved country Pakistan requires the emphasis of the sitting government in Islamabad for healthcare. The medical centres for national health such as PIMS, Polyclinic, General Hospital, and Holy Family Hospital are engaged in lighting candles for the human cause. A large number of medical institutes including the Shifa Foundation, Shifa Eye Trust, and The Diabetes Centre (TDC) Islamabad in Pakistan operate because of such a magnanimous passion. TDC situated at Murree Expressway near Phulgran Toll Plaza is such a wonderful institute that is a not-for-profit organization and provides state-of-the-art healthcare facilities. Thus, it is important to acknowledge the services of these institutes so that they may grow further to cater healthcare facilities to all segments of society in Pakistan.
Source:The Nation
June 18, 2022 03:12 UTC
Prime Minister felicitates nation on FATF announcement
Prime Minister felicitates nation on FATF announcementPrime Minister Shehbaz Sharif has felicitated the nation and welcomed the announcement of Financial Action Task Force that Pakistan has met all its conditions for exclusion from the grey list. In a statement, he said return of Pakistan to the white list is a big success of the country. Shehbaz Sharif said the statement of FATF is recognition of the restoration of the international reputation of Pakistan. He said the return of Pakistan to the white list will help improve economic and financial situation of Pakistan. According to ISPR, the Army Chief said the achievement is a monumental effort for paving way for white listing.
Source:The Nation
June 18, 2022 02:56 UTC
Quaid-e-Azam House Museum holds lecture on founder of nation
The Quaid-e-Azam House Museum — Institute of Nation Building (QAHM-INB) on Friday organised a lecture on the life of the founder of the nation. Students of the Jinnah Foundation School, members of the INB management board and others attended the event. This will also be a tribute to our national language to engage the students in nation-building ideas, he added. Highlighting Jinnah’s life, Merchant said that very few people living today had seen the Quaid-e-Azam in real life. “I’m one of those luckiest people who met the founder of Pakistan.
Source:The Nation
June 18, 2022 02:32 UTC
US Consul general vows to enhance cooperation with Punjab govt
The United States Consul general Lahore William K. Makaneole called on Punjab Chief Minister Hamza Shahbaz on Friday. During the meeting, views were exchanged on Pak-US relations, parliamentary and other matters of mutual interest while William K. Makaneole congratulated and expressed good wishes to Hamza Shahbaz on assuming Punjab CM office. On this occasion, the US Consul general said that the United States of America values its relations with Pakistan and would further enhance cooperation with the Punjab government in various fields. The Punjab CM said that relations between Pakistan and the United States are multi-faceted, adding that he wanted to promote bilateral relations in agriculture, environment, water shortage and other fields.
Source:The Nation
June 17, 2022 22:38 UTC
PM Shehbaz felicitates nation on FATF triumph
Prime Minister Shehbaz Sharif on Friday felicitated the nation and welcomed the announcement of Financial Action Task Force (FATF) that Pakistan had met all its conditions for exclusion from the grey list. “At its June 2022 Plenary, the FATF made the initial determination that Pakistan has substantially completed its two action plans, covering 34 items,” according to a statement issued by the FATF on Friday. “Praise be to Allah, return of Pakistan to the white list is a big success of Pakistan," PM Shehbaz said in a statement. He appreciated the performance of Minister of State for Foreign Affairs Hina Rabbani Khar and team of the foreign ministry. “I pay tribute to the whole team working for the success of Pakistan,” he said, adding that the statement of FATF was recognition of the restoration of the international reputation of Pakistan.
Source:The Nation
June 17, 2022 20:43 UTC
Pakistan is our important partner in region: US State Department
US State Department spokesperson Ned Price on Thursday said that Pakistan is our important partner in the region. Addressing a media briefing, US State Department spokesperson Ned Price said that Secretary Blinken had an opportunity to sit down with his Pakistani counterpart in New York last month during which constructive discussion were held regarding the full range of issues, including the issue of food security. He said that Pakistan is a partner of ours, and we will look to ways to advance that partnership in a manner that serves our interest and our mutual interests as well.
Source:The Nation
June 17, 2022 20:42 UTC