Page-4 of Pakistan

FATF: Pakistan to remain on “Grey List”

October 24, 2020

On October 24, 2020, the Financial Action Task Force voted for Pakistan to remain under “grey list” of the organisation. The decision was taken as Pakistan failed to comply with all the 27 parameters set by the FATF. It has ..

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Grey list trouble: Pakistan approves four FATF-related bills

August 24, 2020

The lower house of the Parliament of Pakistan unanimously passed four bills related to the tough conditions set by the global money laundering and terrorist financing watchdog FATF. Earlier,  two such bills were passed in July and another one was ..

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India rejects the new political map unveiled by Pakistan

August 5, 2020

India has outright rejected the new political map unveiled by Pakistan that laid claim to the Indian territory of Jammu and Kashmir and Ladakh, both UTs, and also parts of the Indian state of Gujarat. The government has termed it ..

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$250 Million Loan Extended by AIIB to Pakistan for COVID 19

July 22, 2020

The Asian Infrastructure Investment Bank (AIIB) has extended the loan of $250 million to Pakistan in order to enable it to deal with the prevailing situation due to the COVID 19 pandemic. This program is going to be co-financed by ..

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Wagah Border reopened by Pakistan for Afghan Exports

July 15, 2020

Pakistan government has resumed the Afghan exports through the Wagah Border crossing as part of the Pakistan-Afghanistan Transit Trade Agreement. Pakistan had already opened the Pak-Aghan Border at Torkham and Chaman round the clock for six days a week, in ..

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TPPA of USD 2.4 Billion Signed by Pakistan with China for Hydro Power Project in Pakistan Occupied Kashmir 

June 27, 2020

On 25th June 2020, a Tripartite Power Purchase Agreement (TPPA) was signed for the construction of the 1124 MW Kohala Hydro Power Project. The agreement was signed in between the Government of Pakistan, Chinese Company- China Three Gorges Corporation (State-owned ..

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Pakistan gets another extension on FATF Grey List despite failure to act against terror groups

June 25, 2020

During the 3rd & and the last Plenary and Working Groups Meeting of the Global anti-money laundering watchdog Financial Action Task Force (FATF) for the current FATF plenary year on 24th June 2020, Pakistan again managed to escape from entering the ..

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Foundation Stone Laid for the First Hindu Temple in Pakistan’s Capital

June 24, 2020

On 23rd June 2020, the foundation stone for the first Hindu Temple in Pakistan’s capital city Islamabad was laid. The temple is the first to be constructed in Islamabad since the Independence of Pakistan. The temple will be devoted to ..

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