UK removes Pakistan from list of ‘high risk’ countries after Islamabad fortifies financial systems

Men ride on a bike with a large flag of Pakistan along a street in Islamabad, Pakistan, on August 14, 2020. (AFP/File)
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Updated 15 November 2022
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UK removes Pakistan from list of ‘high risk’ countries after Islamabad fortifies financial systems

  • Pakistan was added to the list in April 2021 due to unsatisfactory money laundering and terrorist financing protocols
  • The UK removed Pakistan from the list following Islamabad’s early completion of Financial Action Task Force action plans

ISLAMABAD: The United Kingdom on Monday removed Pakistan from its list of “high risk” countries, its foreign office said, after the South Asian country strengthened its anti-money laundering and anti-terrorism financing protocols. 

Pakistan was among 21 countries that were added to the list in April 2021 due to unsatisfactory money laundering and terrorist financing protocols. 

The British government’s list had replicated a list issued by a global dirty-money watchdog, the Financial Action Task Force (FATF), of the countries under “increased monitoring.” Pakistan was placed at number 15 on the UK’s list along with Syria, Uganda, Yemen and Zimbabwe, 

The latest move by the British government comes weeks after the FATF struck Pakistan off its ‘grey list’ following an early completion of its action plans by the South Asian country. 

“His Majesty’s Treasury issued an amendment to the UK’s ‘High Risk Third Countries’ list on 14 November 2022 through a statutory instrument,” the UK’s Foreign, Commonwealth and Development Office (FCDO) said in a letter to the Pakistani high commission. 

“The amendment removes Pakistan from the list in accordance with the decision taken by the Financial Action Task Force (FATF) on 21 October 2022.” 

The FCDO said it recognized the progress Pakistan had made to “improve money laundering and terrorist financing controls.” 

Pakistan’s Foreign Minister Bilawal Bhutto-Zardari called the development a “good news” for his country. 

“The United Kingdom has officially removed Pakistan from its list of ‘High Risk Third Countries’ following our early completion of FATF action plans,” he said on Twitter. 

FATF last month removed Pakistan from its ‘grey list’ after Pakistan successfully implemented 34 action points to counter money laundering and terror financing to get off the list of countries with vulnerable financial systems. 

Pakistan was added to the FATF ‘grey list’ in June 2018. 

Being on the Paris-based watchdog’s ‘grey list’ can scare away investors and creditors, hurting exports, output and consumption. It also can make global banks wary of doing business with a country. 


Pakistan’s Mahnoor Omer named among TIME’s ‘Women of the Year’ for 2026

Updated 01 March 2026
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Pakistan’s Mahnoor Omer named among TIME’s ‘Women of the Year’ for 2026

  • Omer moved a Pakistani court against the so-called ‘period tax’ in Sept. 2025 which has since sparked a national debate
  • Taxes on sanitary pads in Pakistan can add up to 40 percent to retail price, UNICEF says only around 12 percent women use such products

ISLAMABAD: Pakistani women’s rights activist Mahnoor Omer, who fought against taxes on menstrual products, has been named among the TIME magazine’s ‘Women of the Year’ for 2026.

Omer’s efforts have been recognized alongside 16 activists, artists, athletes and businesswomen in the TIME’s Women of the Year 2026 list, including Olympic gold medalist Sydney McLaughlin-Levrone and Oscar-nominated filmmaker Chloe Zhao.

Dissatisfied with the efforts to educate Pakistani girls about sexual violence, Omer founded the Noor Foundation at the age of 14 and held her own workshops with village girls about everything from climate change to menstruation, according to the TIME magazine.

Two years later, a conversation with a domestic worker about the price of pads made her realize that not everyone could afford these essentials. She moved a court against the so-called “period tax” in Sept. 2025 and the case has sparked a national debate on the subject, considered a taboo by many in Pakistan, since its first hearing late last year.

“A decade and one law degree after her interest in activism was sparked, Omer, now 25, is putting her passion and expertise to work in the name of gender equity,” TIME wrote about Omer on its website.

Taxes imposed on sanitary products in Pakistan can add up to 40 percent to the retail price. UNICEF estimates just 12 percent of women in the country use commercially produced pads or tampons. The alternative, using cloth, risks health impacts including rashes and infections, and can make it impossible for girls to attend school while menstruating.

Omer’s suit, which awaits the government response, has sparked a national discussion. She says she spoke about menstruation to her father and male cousins, who thanked her for standing up for their daughters.
The 25-year-old, who is currently enrolled in a master’s degree in gender, peace, and security at the London School of Economics, sees this case as just the first of many.

“I’m not free until every woman is free,” she was quoted as saying by TIME. “I want to leave no stones unturned in terms of what I can do with the next few decades, as a lawyer for the women in my country and gender minorities in general.”