When Pakistan will be placed in FATF grey list as per anouncement by goverment of Pakistan?
Correct answer: C. June 2018
- A. May 2018
- B. July 2018
- C. June 2018
- D. Feb 2018
Explanation
Pakistan was expected to enter the FATF grey list in June 2018 following the FATF decision and the required monitoring process. FATF’s grey list concerns deficiencies in measures against money laundering and terror financing.
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Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.
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