Wed, 28 Oct 2020

ISLAMABAD -- After the passage of three Financial Action Task Force (FATF) related bills on Wednesday by a joint session of Pakistan's parliament, the country has wrapped up the important task of legislation concerning FATF, which experts believe will not only prevent the country from being blacklisted by FATF, but also have salutary effects on the national economy and revamp the global image of Pakistan.

FATF put Pakistan on its grey list in June 2018 and gave Islamabad a final deadline in February 2020 to implement the remaining 13 out of 27 action points by June 2020, but the deadline was extended up to September due to the COVID-19 pandemic. (Pakistan-FATF-Legislation)

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TOKYO -- Bank of Japan Governor Haruhiko Kuroda said on Thursday that the central bank will work closely with the administration of new Prime Minister Yoshihide Suga.

Kuroda, following a two-day policy-setting meeting, told a news conference that the BOJ would cooperate with the new administration to achieve the bank's long-held goal of 2-percent inflation target. (Japan-Central bank)

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BANGKOK -- Thailand's Center for Economic Situation Administration (CESA) Thursday unveiled details of a new stimulus package estimated at 51 billion baht (1.63 million U.S. dollars) to assist low-income earners impacted by the COVID-19 fallout.

The three-month consumption stimulus package will cover 24 million mainly low-income people via two schemes, said the newly established CESA aimed at rebooting the pandemic-hit Thai economy. (Thailand-COVID-19-Economy)

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KABUL -- At least 23 Afghan soldiers and 31 militants were killed and several fighters wounded in separate clashes in Afghanistan's eastern Nangarhar and western Badghis provinces during Wednesday night, as peace efforts being made, provincial officials confirmed on Thursday.

In Nangarhar province, 20 soldiers and 29 militants were killed and 15 security forces and 20 militants were wounded when security forces repelled militants' attacks in Khogiani, Shirzad and Hesarak districts, provincial government spokesman Attaullah Khogiani told Xinhua. (Afghanistan-Taliban-Clash)

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