Govt to strengthen measures against terrorism: Minister

ISLAMABAD, June 30 (INP): Caretaker Finance Minister Dr. Shamshad Akhtar has said that the government will spare no efforts to strengthen measures against terrorism and terrorism financing.

The Finance Minister reiterated the government’s resolve during FATF Plenary meetings held in OECD, Paris, from June 24 to 29, 2018, to discuss issues relating to security and integrity of the global financial systems.

This opportunity was instrumental in ensuring Pakistan’s commitment to the world for compliance of international standards and increasing effectiveness of regulatory and enforcement regimes for its own benefit.

Delegates from several countries as well as the UN, IMF, World Bank and other multilateral institutions attended the meeting.

Pakistan delegation was led by Finance Minister, Dr. Shamshad Akhtar along with officials from Ministry of Finance, Ministry of Foreign Affairs, State Bank of Pakistan and Financial Monitoring Unit, said a press release issued here Saturday.

On the sidelines of FATF and ICRG meetings, the Pakistani delegation held bi-lateral meetings with several FATF members to ensure their support for Pakistan in the FATF process. FATF members were informed that the government of Pakistan already sent its commitment letter to the FATF President on the Policy Action Plan on 22nd June 2018.