Pakistan, which is facing charges of supporting terrorism, has got a big relief.
FATF, an organization that controls terrorist funding and money laundering worldwide, has removed Pakistan from its gray list.
This decision of FATF will help Pakistan to get foreign funding and it will be able to improve its economic condition.
The statement issued by the FATF said, "Pakistan is no longer under the monitoring process of the FATF."
Pakistan out of FATF's gray list
Pakistan is "no longer subject to FATF's increased monitoring process; to continue to work with APG (Asia/Pacific Group on Money Laundering) to further improve its AML/CFT (anti-money laundering & counter-terrorist financing) ) system," states FATF pic.twitter.com/kFp9biqVNG
— ANI (@ANI) October 21, 2022