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FATF grey list: Announcement on Pakistan status expected at 7pm

Published

2 years ago

Farwa

Islamabad needs votes of Turkey, China, and Malaysia to get off FATF grey list.
All three countries have assured Pakistan of full support.
Hina Rabbani Khar leading Pakistani delegation at FATF meeting.

All eyes are on the Financial Action Task Force’s (FATF) plenary meeting concluding today (Friday), with Pakistan having high hopes to secure an ‘onsite visit’ which may lead Islamabad a step closer to get out of the grey list.

Minister of State for Foreign Affairs Hina Rabbani Khar Friday advised against prejudging and speculative reporting on the FATF meeting’s outcome.

Taking to Twitter, the minister 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 has arranged a media briefing at the Ministry of Foreign Affairs on Saturday.

“The FATF Plenary Meetings are continuing in Berlin. FATF will issue a Public Statement after conclusion of the meetings tonight. Prejudging the outcome or speculative reporting could and should be avoided. Government of Pakistan has arranged a media briefing at MOFA on Saturday morning on this issue,” Khar wrote.

The #FATF Plenary Meetings r continuing in Berlin. FATF will issue a Public Statement after conclusion of the meetings tonight. Prejudging the outcome or speculative reporting could and should be avoided.
GOP has arranged a media briefing at MOFA on Saturday morning on this issue
— Hina R Khar (@HinaRKhar) June 17, 2022

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.

Sources said that the FATF had directed Pakistan to fulfil 34 conditions in two stages, which Pakistan accomplished. The country fulfilled 32 out of 34 conditions in the last FATF meeting and completed the remaining two in this meeting.

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. Khar, who is also the chair 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 the list, and all three countries have assured the Pakistani authorities of full support. That’s why there are now bright chances that Pakistan may finally exit the FATF grey list after its current meeting being held in Berlin, Germany.

Germany, the US, and other countries have also expressed partial support for Pakistan’s demand for exclusion from the FATF grey list.

According to sources, during the recent visits of Prime Minister Shehbaz Sharif, Foreign Minister Bilawal Bhutto Zardari and Minister of State for Foreign Affairs Hina Rabbani Khar to different countries, important discussions took place regarding FATF. In all these meetings, a soft attitude towards Pakistan was expressed by important countries.

Pakistan has implemented almost all points of the FATF Action Plan, except for the penalties, and Pakistan has made prosecutions and all relevant legal amendments.

Pakistan was placed on the FATF list of countries under increased monitoring in June, 2018.

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Lahore, PP-161: LHC deems the ECP recounting order null and invalid

Published

2 days ago

Farwa

Farrukh Javed, the victorious candidate, filed a petition against the Election Commission of Pakistan’s order to recount the votes in PP-161 before a single bench of the high court, led by Justice Shahid Karim, was formed.

The bench dismissed the ECP’s order to recount the votes in the constituency and accepted the petition.

The PML-N candidate Umar Sohail filed a petition for a vote recount with the electoral commission, according to Unmute Farrukh Javed MPA’s court plea.

Per the petitioner, the electoral commission issued a notice of vote recount after granting the second-place candidate’s request.

In his view, the election process was not yet over when the ECP issued the order for a vote recount.

The ECP’s order for the recounting of ballots in provincial constituency PP-161 was revoked by the bench after it allowed the petition.

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The LHC has issued a summons regarding the policy on wheat procurement.

Published

2 days ago

Farwa

The court was considering a petition filed by the Punjab farmers challenging the province government’s decision to decline purchasing wheat from them.

The petitioner alleged that the government is legally obligated to procure wheat from farmers at the designated price and had publicised a policy to purchase wheat from farmers at Rs 3,900 per maund. However, the government has failed to put this policy into effect.

The Punjab government was scheduled to commence the procurement of wheat from farmers on April 22. However, there has been no progress thus far in the wheat purchase, thereby exposing farmers to the risk of selling their harvests at reduced prices as a result of rainfall.

The petitioner implored the court to mandate the government’s procurement of wheat from farmers and to initiate measures against the mafia.

Punjab farmers have filed a petition with the Lahore High Court (LHC) to challenge the government’s decision to not purchase their wheat.

Following an initial hearing on the case, Justice Shahid Karim, the judge of the LHC, requested a documentation of the Punjab government’s choices pertaining to wheat purchase.

Punjab’s farmers are currently protesting the government’s decision to postpone the purchase of wheat from them.

Yesterday, insiders from the Food Department disclosed that the Punjab government has not yet made a decision regarding the procurement of wheat.

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Lahore experiences a winter-like ambiance following rainfall.

Published

2 days ago

Farwa

Lahore’s maximum temperature has significantly decreased due to recent rainfall in the province capital over the past 24 hours.

Jail Road saw a rainfall of 8.5 millimeters, Gulberg received 10 millimeters, and Lakshmi Chowk received 14 millimeters of rainfall. In addition, Upper Mall received a rainfall measurement of 5 millimeters, Mughalpura received 3.5 millimeters, and Tajpura received 3 millimeters.

In addition, Nishtar Town received a rainfall of 1 millimeter, Pani Wala Talab received 12 millimeters, Farukh Abad received 4 millimeters, Gulshan Ravi received 20 millimeters, Iqbal Town received 6 millimeters, Samanabad received 8 millimeters, and Johar Town received 1 millimeter.

The city’s electricity transmission infrastructure has been significantly affected by the rain, resulting in the tripping of over 100 Lesco feeders. Multiple localities had power outages as a result of tripped feeders and other technical malfunctions.

Power outages have resulted in substantial discomfort for people in several localities, including as Manawan, Batapur, Sabzazar, Gulshan Ravi, Samanabad, Pir Nasir, Mughalpura, Shalimar, Mustafa Abad, Baghbanpura, Ferozpur Road, Islampura, Qila Gujjar Singh, and Walton Road.