The Finan­cial Action Task Force (FATF) on Friday formally announced that Pakistan will remain on its grey list for the next four months.

The task force directed Islamabad to take more measures for complete elimination of terror financing and money laundering.

“The FATF strongly urges Pakistan to swiftly complete its full action plan by February 2020,” it said in a statement.

“Otherwise, should significant and sustainable progress not be made across the full range of its action plan by the next Plenary, the FATF will take action.”

 

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