Desperate Imran Khan now makes excuses to Pak terrorists; admits loss to India's diplomacy

Pakistan’s ecomy will be shattered due to inflation and value of Pakistani Rupee will fall drastically if country is blacklisted at Financial Action Task Force (FATF), Prime Minister Imran Khan warned on Sunday. 

Citing Iran’s example, Khan said, if Pakistan is put on FATF's blacklist, n international financial institutions would deal with country. same would impact Pakistani Rupee and re are foreign reserves to save its value from dropping, he ded.

nervous Prime Minister furr said, once rupee falls, price of commodities including electricity, gas and oil will increase and entire ecomy of Pakistan would be destroyed due to inflation.

Pakistan has been on FATF's greylist since June 2018. government was given a final warning in February to fullfil its commitments and improve transparency in financial dealings and take action on terror funding. FATF extended June deline to September due to coronavirus pandemic that interrupted FATF plenary meetings.

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Blames India for being on blacklist

In yet ar shameless attempt, Imran Khan blamed India for trying to ‘push’ his country on blacklist. He said, for two years, India has been trying to blacklist Pakistan by ‘lobbying with international community.’

FATF is an inter-governmental body established in 1989 to battle out money laundering, terrorist financing and or related threats to integrity of international financial system.  Paris based body will meet in October and furr actions related to Pakistan's listing will be on its nda.

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In order to avoid FATF blacklist, Pakistan needs to demonstrate effectiveness of sanctions including remedial actions to curb terrorist financing in country. It will also need to ensure improved effectiveness for terror financing of financial institutions against all United Nation's 1267 committee designated international terrorist. list includes Pulwama attack mastermind Masood Azhar and 1993 Mumbai blast mastermind Dawood Ibrahim.

country is yet to take action against illegal money or Value Transfer Services (MVTS) such as Hundi-Hawala. As per estimates by Pakistani government, greylisting at FATF is causing dam of around $10 billion annually to country.

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