Not out of the woods yetSurely the government does not need any reminding that a black listing at the FATF will deliver the kiss of death to its dreams of economic revival. Since that, in turn, is the only sure way of staying solvent even in this fiscal – despite the government’s claims to the contrary – failure to secure the FATF could well mean that Pakistan falls over the edge and defaults. Pakistan now has till May-June to get an understanding, so to speak, of such terror financing and the risks it brings especially considering the organisations named specifically. That the government has moved to take over some headquarters, confiscate some equipment and outlaw some outfits is welcome. That such surprise has been expressed at the bad state of affairs is a surprise in itself.

Source: Pakistan Today February 25, 2019 11:48 UTC