Govt, opposition to discuss nine draft laws about FATF, NAB on Monday: Qureshi

Foreign minister Shah Mahmood Qureshi on Saturday said that the government will discuss various bills with the opposition on Monday related to the action plan of Financial Action Task Force (FATF) and the National Accountability Bureau (NAB).
FM Qureshi said the government has prepared eight bills for legislation on anti-money laundering and terror financing with a view for Pakistan to move into the FATF's "white list" again.
"India has been attempting to have Pakistan pushed into the blacklist. If this were to occur, you know better than I, the effects it will have on the economy.
"The government has taken timely administrative and legislative steps to step out of the grey list and once again have Pakistan placed on the white list," the foreign minister said, in a press briefing held at Multan's Circuit House.
He said that there are eight laws for which consultation talks were held with the law ministry, finance ministry, Financial Monitoring Unit (FMU) and experts dealing with money laundering and counter-terrorism issues.
On the prime minister's directives, the opposition has been taken into confidence, he said. A joint committee of 24 people has been formed which includes various factions of the opposition as well as representatives of the government. It contains both members of the National Assembly and the Senate. The committee will review the legislation.
"The prime minister wishes that the opposition be taken into confidence on this matter of national importance [...] time is of the essence here. We must act timely so that the Asia Pacific Group (APG), of which Pakistan is a member, can place the government's practical steps before the [FATF] plenary which will then decide whether the obligations Pakistan was subjected to were fulfilled or not," said the foreign minister.
Qureshi said one law pertaining to the National Accountability Bureau has also been drafted. “The opposition has expressed its reservations about the NAB law,” said Qureshi.
“We are prepared to make changes in the NAB law,” he said, adding that the PPP and PML-N both had an opportunity but each failed to amend the NAB laws.
“All the bills have been sent to the opposition (parties), including the one on NAB law,” he said.
“We do not have the intention to use (the law) for witch-hunting,” he said in an apparent reference to opposition’s reservations regarding the accountability watchdog’s methods.
The foreign minister said that in a session with all the stakeholders on Monday, the legislative process will be discussed.
UNGA President to visit Pakistan
The foreign minister also briefed the media on the upcoming visit on Sunday by United Nations General Assembly President Tijjani Muhammad-Bande.
The UNGA president is arriving after a formal invitation by the government was extended to him, Qureshi said. He said that the government will apprise him of the atrocities in occupied Kashmir by Indian security forces.
He said that ceasefire violations along the Line of Control by Indian forces continue unabated.
“Even in the coronavirus pandemic, they (India) have not spared the oppressed Kashmiris,” said the foreign minister.
Govt working to meet FATF Action Plan
Earlier, Special Assistant to the Prime Minister on Finance Dr Hafeez Shaikh said that Pakistan is working to ensure full compliance with the FATF Action Plan at the earliest by increasing the effectiveness of its Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) regime.
“Out of 27 FATF Action Plan items, Pakistan had already addressed 14, while substantial progress has been made in addressing the remaining 13 Action Plan items,” Shaikh said while delivering a keynote statement to the High-Level Panel on International Financial Accountability, Transparency and Integrity (FACTI).
The FATF has urged Pakistan to pass amendments into Anti Money Laundering (AML) and Foreign Exchange Regulation laws within the next three months to meet requirements of its Action Plan.
The financial watchdog has extended the deadline for Pakistan till the next plenary meeting expected to be held in October 2020.
The FATF had placed Pakistan on the grey list in June 2018 and placed 27 conditions for review for complying in one year, till September 2019. Pakistan was so far given three extensions of three months each, every time to comply with the 27-point action plan.
The FATF had so far declared Pakistan fully compliant on 14 points and now there is a deadline of September/October 2020 for complying on the remaining 13 points in a bid to ensure exit from the grey list of the watchdog.

'Smart lockdown strategy successful'

Speaking about the coronavirus situation in the country, Qureshi said some experts had initially criticised the government's management of the health crisis and predicted that there would be "1.2 million" infections and nearly 50,000 deaths from Covid-19 by July 30.
But "Allah kept Pakistan safe" and neither of the projections came true, he added, saying the government regrets the loss of life that has taken place due to the virus.
"Today our 'smart lockdown' strategy proved to be successful ... and numerous nations are following the vision outlined by Prime Minister Imran Khan," he claimed, noting that the country's infection rate, death toll and pressure on hospitals are steadily declining.
He said although Pakistan is "close to flattening" its Covid-19 curve, two "tests" of Eidul Azha and Muharram remain that could have an impact on the spread of the disease.
The minister urged the public to take precautions, saying even "a little negligence can cause a spike" in virus cases.
He said the chances of marriage halls, schools and restaurants being reopened will increase if the country avoids a resurgence of the virus during Eid and Muharram.
During his press conference, Qureshi announced that the president-elect of the United Nations General Assembly will visit Pakistan on Sunday on the government's request. During the visit, Qureshi said he will apprise the UNGA president of the deteriorating situation in Indian-occupied Kashmir and along the Line of Control, as the world prepares to mark one year since New Delhi revoked the semi-autonomous status of the occupied valley.

'Progress made regarding South Punjab'

Qureshi said the PTI government has made progress regarding its plan of creating the South Punjab province. He said the ruling party was of the view that it is not possible to manage a province of 120 million people from a single centre.
He said there were obstacles in Punjab regarding creating a separate province, but stressed that the PTI is "continuing to pursue its plan".
The minister said the government desired that matters concerning police, health, education and local government be resolved in southern Punjab instead of its residents having to go to Lahore.
He requested Punjab Chief Minister Usman Buzdar to examine the file containing proposed amendments to the relevant rules of business and give them a "practical shape".
"We will take this process (of South Punjab's creation) forward to such great extent that no one will be able to reverse it," he said.
Qureshi said he has put in a request that a separate public service commission be established, and a separate Annual Development Programme (ADP) be included in next year's provincial budget, for south Punjab. He said the constitutional amendment needed to approve the creation of South Punjab requires a two-thirds majority which no party has and which "will take time".

COMMENTS

Name

Abuse of powers Accident Accountability Accounts Addiction Admin Adventure Afghanistan Africa Agent Agreement Agriculture AID Aid Worker Aircraft Airline Airlines Airport Alcohol Ambassador Ancient Animals Appeal Appointments Arabs Archaeology Armed Forces Army Arrest Arson Art & Craft Article Artist Assassination Assistance Attack Attacker automobile Aviation Award Azadi March Bandits Bangladesh Banks Beirut Blast belief Benazir Bhutto Bilawal Biometric birds bizzare Blasphemy Blast Blogger Border Bribery Brick Kiln Budget Bullion Bureaucracy Burns BUSINESS Business Women Calamity Cannibals Canteen Capsize Cargo Caricature Carrier case celebration Celebrity Charities charity Chemicals Chemistry Child Abuse Child Labour Child trafficking Children Chinese Christian Christianity Christmas Church Cities Citizenship civic Civil Society Clash Cleanliness Clerics Climate Coal-mine collapse Collision Commerce Commission Communication Company Condemnation Condolence Conflict Corona-Relaxation Coronavirus Corpses Corridor corridore Corruption Court CPEC crash Cricket Crime crimes Criminal Culprit culture Curfew currency Custodial Death Cyber crime Dance Death Penalty Deaths Debt Defamation Defence Delhi-India Democracy Department Deportees Derailment Desecration Desert Detention Devastation Development Development And Industry Devotees Devotion Digninatry Diplomacy Diplomat disaster Disease Displaced Dispute Domestic Violence Donation Drones Drowned drug traffickers Drugs e-Commerce e-Rozgar Earthquake Eclipse Economy Education Election Electricity Embassy Embezzlement Employment Encroachment Energy Enmity Entertainment Environment Escape Espionage Event Eveteaser Excavation Excise& Taxartion Execution exhibition Expatriats Expert Exploration Explosion export Extremism Facility Faeminism Family Famine Farmers Fashion felciation festival festivals FIA Fighermen Fighter Film Industry Finance fire Firing Fish fishermen flight flood Food Food/Agriculture food/health Footwear Foreigners Forests Fortune fraud Freedom Fighters Freight Friday Fruit Fruits Fuel FUNERAL Game Gangrape Gas Gas Leakage Gold Governance Gulf states Gun Battle Hajj handicapped HANG Harassment Hate monger Hatred Health Heritage Hindus Hiousing History hobby Homes Honesty Hong Kong honour Honour killing Hospital Hostages Hotel Human Being Human Rights Human Trafficking Hunting Immigration imports India Indian Election Industry Information Technology Infotainment Inmate int International internationl internet interntional Invention Investment Iran iraq Islamic bloc Islamophobia Jerusalem journalist judgement Judiciary juma-tul-wida justice Kartarpur Kashmir Kickbacks KIDNAPPING kiln Kite Flying labour Labourers land Land Scam Landslide language Law Law Minister Lawyers Lay Off Legislation Legislators Leisure Lifestyle lightning Line of Control Liquor literature Litigation Livestock Loan loans Local Local Govt Lockdown Locust Swarm Lynching Mail Manifesto Marriage Martyrs Mass Grave Massacre Matrimony Mausoleums Media Medical Medicines Memoirs Message Middle East Migrants Militants Military Mines Minorities MIRACLE mis mishap mishaps Missing people Misssing Monarchy Monetary Money Laundering Money Transfer Monument Moon Mosque Mountaineer Murder Muslims n NAB Narcotics National Nature Negligence network New City New Plan newspaper NFC NGO North Korea Nuclear obituary occurred at a facility owned by the Ruiqi Daily Necessities Company. Officer Oil & Gas Onlinegame Opposition Oppotunity Organisations Orphans Outcome Overseas pakistani Palestine Paliament Parents Parliament Passengers Pastimes PEMRA Pensioners pest Petroleum Pilgrims pilots pipeline PIR plane Poet Police Policy rate Politician POLITICS pollution Population Pornography Post poverty power prayer President Ghani’s spokesman Sediq Sediqi criticised the development and said that the meeting couldn’t help the peace process. Priest Princess Prison prisoner prisoners prize Probe proceedings Products project Promotions Properties Proscribed prosecution prostitution Protest Punishment Railway Rally Ransom Rasism Reaction Real Estate Redcross Refinery Refugees Rejoinder Release Religion Religious Harmony Religious Tourism relion Remittance Removal Repatriates Rescue Reservoir Restrictions Reunion Revenue Reward Riot Ritual Rivalry River Robbery Royal Russia Sacrifice Sanctions Satellite Saudi Arabia scam Scandal scholar School Science Seafood Secretriat Security Self Immolation Sentence Services shemales ship Shipping Shooting Showbiz Sightseeing Sikh Community Singer Sino-India Conflict Slavery smoking smuggling Snakebite Snowfall Social Social Media Social Welfare Sodomy Soldiers South Africa South Punjab Space sports Spy Stampede Storm strike Students Sudan Sugar scam Suicide Suicide Attack Summit Superstition Talent Taliban Tax evader Taxation Technology telecom Temple Territory Terrorism The incident Theft Tobacco Tornado Tourism tourisn Toxic Gas Tractors Trade Trade Union Traders Traditions Traffic Tragedy Training transgender Transport Travel traveloque Tree Plantation trekkers Trial Tribal Area Typhoon Hagibis Tyranny Uighur Umra unemployment United Kingdom United Nations United States UNO US sailor US military Usury Utility Stores Vacancies Vandalise Vegetable vehicle vendetaa Vengeance Violation Visa Visitors Volcano volunteer War Crime Warship water Waziristan Weapons weather wedding Welcome which is under investigation Wikileaks Wild fire Wildlife woman Women Women trafficking Wonders Workers Working class Worship place Writers Yemen youth Yum-i-Shahadat
false
ltr
item
South Punjab News : Govt, opposition to discuss nine draft laws about FATF, NAB on Monday: Qureshi
Govt, opposition to discuss nine draft laws about FATF, NAB on Monday: Qureshi
"India has been attempting to have Pakistan pushed into the blacklist. If this were to occur, you know better than I, the effects it will have on the economy.
https://1.bp.blogspot.com/-G428da0mJaA/XxxsSxe6OqI/AAAAAAABZHw/Y_U6IhdFKPk7AUVykNPKvu7QRC2MAuqlQCLcBGAsYHQ/s200/shahm.jpg
https://1.bp.blogspot.com/-G428da0mJaA/XxxsSxe6OqI/AAAAAAABZHw/Y_U6IhdFKPk7AUVykNPKvu7QRC2MAuqlQCLcBGAsYHQ/s72-c/shahm.jpg
South Punjab News
http://www.southpunjabnews.com/2020/07/govt-opposition-to-discuss-nine-draft.html
http://www.southpunjabnews.com/
http://www.southpunjabnews.com/
http://www.southpunjabnews.com/2020/07/govt-opposition-to-discuss-nine-draft.html
true
949454145819430215
UTF-8
Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy