ISLAMABAD: Pakistan’s de facto Finance Minister Miftah Ismail has termed US’ efforts to put Pakistan on terror-finance watch list as a bid to embarrass the country.
Ismail, who is the special adviser on finance, revenue and economic affairs to Prime Minister Shahid Khaqan Abbasi, led Pakistan’s negotiations in Paris.
In an interview, he told Reuters that Washington did not seem genuinely eager to see Pakistan boost its terrorist financing regulations and was instead bent on humiliating the country.
“If the Americans were interested in working with us and improving our CTF (counter-terrorist financing) regulations, they would have taken the offer I was making them,” Ismail said. “But their idea was just to embarrass Pakistan.”
Miftah brushed off concerns that economic growth will suffer because of the country’s re-inclusion on a terrorist financing watch list.
The US last week had pushed a motion and persuaded member states of the Financial Action Task Force (FATF) to place Pakistan back on the “grey list.”
Pakistan was on the list for three years, until 2015.
The diplomatic fiasco has sparked anger in Islamabad against the United States.
This was another setback in the already-souring relations between the two countries.