BERLIN:- All eyes are on the Financial Action Task Force’s (FATF) ongoing plenary meeting which is being concluded today (Friday) as Pakistan have high hopes to get out of the grey list.
Minister of State for Foreign Affairs Hina Rabbani Khar Friday rejected speculative reporting on the FATF meeting’s outcome.
In a twitter message, she said that the plenary meetings are underway and the FATF will issue a public statement after concluding the meetings tonight.
She further stated that the government of Pakistan has arranged a media briefing at the Ministry of Foreign Affairs on Saturday.
Prejudging the outcome or speculative reporting could and should be avoided, Khar wrote.
Earlier, a government official said that the recent updates on the plenary meeting show good signs of a decision in Pakistan’s favor.
He said that the consent and consolation of other countries in the meeting is also significant.
However, he said that matters will take seven to eight months to settle even if Pakistan makes its way out of the watch list as the FATF team will visit Pakistan for an inspection.
They said that the final decision could be delayed till the next FATF meeting scheduled to take place in Paris in October.
Pakistan had launched a massive diplomatic effort to get off the FATF grey list. Hina Rabbani Khar, who is also the head of Pakistan’s National FATF Coordination Committee, is leading the Pakistan delegation at the plenary meeting that started on June 14.
Pakistan needs the votes of Turkey, China, and Malaysia to get off from the grey list and they have assured the Pakistani authorities for full support in this regard.