New Delhi: A day after the Financial Action Task Force (FATF) warned Pakistan of action for failure to tackle terror financing, Indian Army Chief General Bipin Rawat Saturday said that to be on the ‘Grey List’ is a setback for any nation.
Speaking to news agency ANI, the Army chief was quoted as saying, “There is pressure on them. They have to take action. We would like them to work towards restoring peace. To be on such a ‘Grey List’ is a setback for any nation.”
“Pakistan needs to do more and faster. If by February 2020, Pakistan doesn’t make significant progress, it will be put in the ‘Black List’,” FATF President Xiangmin Liu said.
A final decision will be taken on Pakistan by FATF in February next year.
