FATF to formally put Pakistan on grey-list: Here's how it will affect Pak economy

[Dalit]

So what was the outcome....are we on the list or not?

Absolutely zero word which means that it is still work in progress.

 

[defence_analyst]

Pakistani economy is very resilient; we have overcome many disasters and a few sanctions won't do much.

lol This is funny.

Anyway FATF or what ever list is bad news. Clearly Pakistan isn't doing enough to prevent money laundry. And Pakistani leaders who themselves benefit from this have done little to reform.

But world doesn't care about your politicians corruption, in fact they like corrupt money being spent in western countries to buy properties. But in last 10 years there has been sea change in thinking. West no longer think its worth it because terrorists have also taken advantage of same loopholes.

 

[RoadRunner401]

FATF to formally put Pakistan on grey list

is different from

FATF has formally put Pakistan on grey list

Link you have given will be updated soon, be patient

Thread source is Indian and as I said Indian wet dreams don't count.

 

[HariPrasad]

Ok my simple question, what does electricity being expensive has to do with the military? It's simply about our energy mix, where more than 70% is from fossil fuel other than coal ...

You guys have a deficit of electricity which hits your textile industry. Had you allocated fund for electricity generation and you had provided cheap electricity your textile manufacturers, Their cost of production would have been low and their export would have been competitive. This would have lead to low trade deficit or trade surplus which would have kept your currency healthy.

 

[The Accountant]

You guys have a deficit of electricity which hits your textile industry. Had you allocated fund for electricity generation and you had provided cheap electricity your textile manufacturers, Their cost of production would have been low and their export would have been competitive. This would have lead to low trade deficit or trade surplus which would have kept your currency healthy.

Tell this to NS who invested 300 billion rupees on 2 projects of local transport in just Lahore

another mutlibillion project of motorway from lahore to various cities which is cannot be used for commercial vehicles ...

Had we allocated this amount on dams railways and coal resources our cost of doing business would have reduced ...

 

[Pan-Islamic-Pakistan]

When you know your enemy, you will know yourself.

 

[Fledgingwings]

The world is still confused over really go for it or not.That makes pakistan a think it over subject.

 

[Chimgathar]

I think Pakistan is being victimized for raising Palestine issue at United Nations. US said at UN that it will remember this day and answer at suitable time (revenge). US is hell bent on advertising Pakistan as a failed state like Somalia. A Nuclear Armed Pakistan is an eyesore for US.
It seems international rules, regulations, sanctions and black lists are only meant for Pakistan and other muslim countries. Israel, India commit war crimes on daily basis in Palestine & Kashmir. US has needlessly bombed and killed hundreds of thousands of innocent people in Afghanistan, Iraq, Syria, Yemen, Lybia and Pakistan. No sanctions have been invented yet for Israel, India or America. Pakistan, its people and economy are suffering ever since US invasion in Afghanistan.
US is blocking CSF (coalition support fund) to Pakistan ever since Trump took office. US media openly supports traitors and rouge elements like PTM in Pakistan. US is not happy about Pakistan fencing along Afghanistan border. I bet they are also not happy that Pakistan Army swiftly destroyed and defeated terrorists in Pakistan. Its beyond me why Pakistan still allows US military cargo containers through its soil after all this. Pakistan needs to adopt a hard and clear stance that it will not be bullied by anyone.

 

[Dalit]

Still no word? Seems like everyone has gone quite.

You know that when a rapist RSS fanatic goes quite on this forum things aren't in their favor.

 

[El Sidd]

Pakistan's economy will hardly be affected with this listing. It will however give the newly elected government a chance to impose tax reforms in Pakistan. It is a win win game for Pakistan.

 

[punit]

You don't need to worry bharati munnai



True we lack experience in this. Might have to call very experienced Jatt regiment to help us out.

It is their daily practice after all.

How u became peacefull then!

 

[chander_011]

https://m.timesofindia.com/world/pa...void-fatf-black-list/articleshow/64760625.cms

 

[bafxet]

bad idea, yanks own IMF the last chance for pakistan to bail out and avoid situation like venezuela or zimwabe.
chinese wont help pakistan in the scenario only IMF can. so better start following FATF recommendations and atleast next year’s summit get a chance to be removed from list.

Let's get out of this financially slavery. Because if you don't stop them somewhere, than they would keep adding onto their wish list and we will have no other choice left except to bowing our heads in front of them willingly or unwillingly.

Let's zealously guard our sovereignty. After all we also did the nuclear detonation and things weren't easy than.

Further leaving US and relaying on China would be yet another mistake. Yes, China is our reliable all weather friend and we should take them on board but don't overstretch things.

 

[indianfighter1999]

Let's get out of this financially slavery. Because if you don't stop them somewhere, than they would keep adding onto their wish list and we will have no other choice left except to bowing our heads in front of them willingly or unwillingly.

Let's zealously guard our sovereignty. After all we also did the nuclear detonation and things weren't easy than.

Further leaving US and relaying on China would be yet another mistake. Yes, China is our reliable all weather friend and we should take them on board but don't overstretch things.

its not a choice for pakistan it’s absolutely necessary to go for IMF package if not pakistanis will face financial crisis the PKR value will reach closer to 200 if pakistan defaults and keep on going down. People will come to streets to protest.
IMF package should be accepted as no one wants to see an unstable pakistan with no one in real control, pak military although exerts complete control but in a situation when it can not support its forces the control can be lost. Nightmare scenario for this region. IMF will be willing to help just to avoid this. Chinese although has deep pockets but pakistani financing needs are closer to 10-15 billion per years. chinese will surely want to invest on something where returns can be provided just to finance pakistani state gives them nothing in return.

 

[Fledgingwings]

This will transform and reshape pakistan forever.