Pakistan’s ambassador to the United States Ali Jehangir Siddiqui says there would be no major impact on country’s economy after being placed on the Paris-based FATF watch list.
In an interview with a foreign media outlet, he said Islamabad hopes to get off the list within fifteen months.
The Ambassador said the government is committed to further tighten rules against money laundering.
About Pakistan economy condition, he said it has recovered significantly in the past few years, posting a 5.5 growth in the previous financial year.
The multi-billion dollars CPEC project has given a tremendous boost to its economy and investment.
Replying to a question, he said Trump administration recognizes the importance of Pak-US relations and achieving peace in Afghanistan.