Islamabad, August 02, 2021 (PPI-OT):National Assembly resumed its session at the Parliament House in Islamabad this evening with Speaker Asad Qaiser in the chair. The National Assembly was informed today (Monday) that Pakistan will soon come out of the FATF grey list as it has largely addressed 26 out of 27 action items of Financial Action Task Force.
Responding to a question during the Question Hour in the House, Minister of State for Parliamentary Affairs Ali Muhammad Khan said that Pakistan has undertaken enormous work to strengthen its anti-money laundering and Combating the Financing of Terrorism regime and addressed the strategic counter-terrorist financing related deficiencies. He said all the ten action items pertaining to the financial sector and border controls have been addressed. The Minister of State said action items related to UN designated persons has been partially addressed and Pakistan is dealing this matter as per its own laws.
Replying to another question, the Minister of State said the Foreign Exchange reserve rose from sixteen to twenty-five billion dollars in last three years. Responding to a question, Minister for National Food Security and Research Syed Fakhar Imam rejected the reports that the government is going to impose a ban on export of rice. He said the government imported wheat to build strategic reserve to avert any shortage. The House will now meet again tomorrow (Tuesday) at 4 p.m.
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