The World Bank included Pakistan in the top ten nations with largest foreign debts. Added to these miseries is the fact Pakistan will continue to remain on the Grey List as it has failed to fulfil FATF’s basic requirements. In a paper titled, ‘Bearing the cost of global politics — the impact of FATF grey-listing on Pakistan’s economy,’ Naafey Sardar states that the impact on GDP of Pakistan being in the Grey List from 2008-2019 has been $38 billion. (Read More)
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