[DAWN] The United States has asked Pakistain to show tangible and satisfactory actions against banned...the word
bannedseems to have a different meaning in Pakistain than it does in most other places. Or maybe it simply lacks any meaning at all...
organizations and their leaderships to pacify more countries towards supporting its case to move out of the grey list of Financial Action Task Force (FATF).
A senior government official told Dawn that a US delegation was in Islamabad to have an independent assessment of steps, actions and measures identified during the Florida meetings of the FATF in June this year and the progress made by Pakistain since then.
The delegation comprising Acting Assistant Secretary of State for the Bureau of South and Central Asian Affairs Ambassador Alice G. Wells, US Treasury officials Scott Rembrandt, Grant Vickers, David Galbraith and others also met Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Sheikh on Tuesday.
"The adviser briefed the visiting delegation on the measures pertaining to economic reforms being undertaken by the Government of Pakistain to ensure economic discipline, efforts being made towards implementation of FATF Action Plan and the key challenges being faced," said an official statement.
The official, who has been part of Pakistain’s team interacting with the FATF and Asia Pacific Group (APG) over the past year, said Islamabad had taken significant steps since the FATF meetings in June. He said the international partners helped Islamabad engage foreign consultants to support and prepare key stakeholders such as Securities and Exchange Commission of Pakistain (SECP), National Counter-Terrorism Authority (Nacta), State Bank of Pakistain (SBP) and Federal Board of Revenue (FBR) to take actions and formulate reports keeping in view the international perspective.