The Financial Action Task Force (FATF) is likely to announce this evening if Pakistan to exit the grey-list or stay after its plenary meeting.
The FATF president will give a press briefing on the outcomes of the FATF plenary at 9:30pm PST.
Background discussions with key officials and foreign diplomats suggest that the jury is divided — with the authorities claiming sufficient progress to be confident of a positive outcome but some diplomats suggesting that even in the best case scenario Pakistan would remain in the increased monitoring list (grey list) until June.
Ahead of the plenary which began on Monday, the FATF had updated the overall performance of all countries.
