Ministry of Finance Denies Claims of Pakistan Being Blacklisted

Islamabad (23rd Aug, 2019): Ministry of Finance denies claims that Pakistan has been blacklisted by the APG as circulated in the Indian media.

According to reports, the Ministry of Finance has denied the claims that Pakistan has been ‘blacklisted’ by the APG. It has been clarified that the APG in its 22nd Annual Meeting held in Canberra, Australia from the 18th to the 23rd of August 2019 has adopted Pakistan’s 3rd Mutual Evaluation Report and has put Pakistan in its enhanced follow-up as per APG’s Third Round Mutual Evaluation Procedures.

Moreover, keeping in line with APG’s Third Round Mutual Evaluation Procedures, it has been confirmed that Pakistan is required to submit follow-up progress reports to the APG on a quarterly basis.

As per the Press Release by the Ministry of Finance, it has further been clarified that the media reports being circulated about Pakistan being blacklisted by APG are incorrect and baseless. Therefore, the news circulating that Pakistan has been blacklisted by FATF as published in Gulf News, is an inaccurate account.

 

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