The South Asian nation had been on the list since June 2018 for deficiencies in its system to curb money laundering and terror financing.
The Financial Action Task Force, however, praised Islamabad for implementing the organisation's action plans – a clear indication that Pakistan is moving closer to getting off the “grey list."
Escaping turmoil back home, Russians are pouring into the emirate which offers a lax regulatory environment to secure their wealth.
An alliance of supporters of the Indian and Israeli governments have found common ground with an Armenian group looking to push Islamophobic policies in the West.
The inclusion of Turkey in the so-called list of grey countries that need increased monitoring once again raises eyebrows over the watchdog’s conduct.
A damning Reuters investigation says governments including New Delhi have deployed anti-money laundering rules to go after opponents.
Global anti-money laundering watchdog keeps up pressure on Islamabad even after it meets almost all its conditions.
Haiti and South Sudan were also placed on a “grey list” of countries under increased monitoring to counter money laundering and terrorist financing, while Ghana was removed from the list.
US President Joe Biden’s South Asia policy could be one reason that spurred the nuclear-armed rivals to talk peace.
Global money laundering watchdog Financial Action Task Force says Islamabad has made "significant progress" but there remained "serious deficiencies" in mechanisms to end money laundering and terrorism financing.
The Covid-19 pandemic has ravaged economies globally, but Pakistan has been on the receiving end of a boom that could continue until the end of this year.
A Pakistani flying academy has painted its aircraft using colours and motifs of an art movement eponymous with trucks to showcase the country is more than the sum of its stereotypes.
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