Pakistan Is Stepping Up Its Fight Against Terror Financing

It's facing pressure from the Financial Action Task Force, which makes a list of countries that aren't pulling their weight to fight terror funding.
Posted at 3:50 PM, Feb 24, 2018

Pakistan is trying to get back on good terms with the U.S. and others by speeding up steps it's taking to cut off terrorism finances.

The Financial Action Task Force, an intergovernmental organization that aims to fight terror financing, produces a so-called "grey list" of countries that aren't pulling their weight to cut the flow of cash to terrorists.

Pakistan was on that watch list from 2012-2015 and suffered for it. The task force met in France on Friday but didn't make any comment on the country's status.

Though the task force doesn't impose official sanctions, being suspected of turning a blind eye to terror financing can deter foreign investment and lead to loss of access to international markets.