Pakistan has implemented 14 out of 27 aspects of FATF
ISLAMABAD: Finance Advisor Abdul Hafeez Sheikh has said that Pakistan has implemented 14 out of 27 aspects of the Financial Action Task Force (FATF).
Addressing the UN panel on FATF, Finance Adviser Abdul Hafeez Sheikh said that Pakistan as a responsible country has implemented the FATF Action Plan, Pakistan has implemented 14 out of 27 aspects of FATF and made significant progress on 13 other aspects. Has been done.
The Finance Adviser said that Pakistan is striving to implement and play its role on the 2030 Agenda, Pakistan will fulfill its global responsibilities at all levels.
Hafeez Sheikh, a financial adviser, said remittances had reached 6. 6.4 billion to 23 23 billion in a decade, while the Panama Papers also exposed the princes’ offshore tax evasion measures. These tax evasion measures widened the gap between rich and poor.
Hafeez Sheikh clarified that the country has taken concrete steps to curb tax evasion, fraud and corruption.