If we are shunte­d into the grey zone, the intern­ationa­l bankin­g commun­ity is unlike­ly to be impres­sedThere are some deadfall drop traps that are so blindingly obvious that being caught by one is an act of willful negligence. Pakistan has possibly fallen into it and could find itself in the so-called ‘grey zone’, placed on the global terrorist financing watchlist that could hamstring the economy and cause real financial pain. If we are shunted into the grey zone, the international banking community is unlikely to be impressed, and inwards investors will be looking for somewhere else to put their money. If we do end up painted grey, then it is on the doorstep of the incumbent government, which could and should have seen this coming. Like Opinion & Editorial on Facebook, follow @ETOpEd on Twitter to receive all updates on all our daily pieces.

Source: The Express Tribune February 18, 2018 05:03 UTC