ISLAMABAD: The plenary meeting of Financial Action Task Force (FATF) is scheduled to be held in Paris from June 24 to 29, 2018 and Islamabad is preparing to avoid further downgrading having far-reaching repercussions for the economy, according to a local news outlet.
The newly stalled Federal Minister for Finance Dr Shamshad Akhtar on Wednesday directed all authorities to fill required existing gaps on administrative and legal fronts before attending this scheduled meeting.
“Yes, the Minister for Finance Dr Shamshad Akhtar has reviewed all legal and administrative steps taken by Islamabad to avoid slipping into the category of greylist so proper homework will be done to achieve our desired objectives,” one top official of government told the publication after attending a meeting chaired by minister of finance on Wednesday.
In a brief official announcement, the ministry of finance stated that Dr Shamshad Akhtar, Minister for Finance, Revenue, Economic Affairs, Statistics and Planning Development and Reforms chaired a meeting here at the finance ministry to review different FATF related issues.