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".



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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.
South Punjab News
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