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Pakistan hopes to be removed from terrorist financing watch list

Islamabad: Pakistan expressed optimism on Monday that it would be removed from the global watch list on terrorist financing as the country’s status was being reviewed.
Pakistan and its powerful military are often accused of harbouring Islamist militants to use them as proxies against regional rival India and neighbouring Afghanistan.
There were hardly any restrictions on raising funds for terrorist groups in Pakistan before intervention by the international watchdog, the Paris-based Financial Action Task Force (FATF).
“We have done a lot to remove anomalies in our system,” Pakistani Finance Minister Hafeez Shaikh said in Islamabad. “We hope the body will remove us from the watch list.” The organization put Pakistan on the watch list last year.
Shaikh attested that Pakistan had made significant progress in all the areas of financial controls identified by the global watchdog. (DPA)

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