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TERROR FINANCING AND IMPLICATIONS ON COUNTER TERRORISM EFFORTS – 1st MARCH 2021

Mr Muhammad Iqbal, Director General Counter Terror Financing (NACTA), delivered a lecture on Terror Financing and Implications on Counter Terrorism efforts. He initiated his talk by explaining the term Terror Financing, its drivers / determinants and how it impacts the security calculus of a country. He deliberated on international legal frameworks to curb Terror Financing with focus on FATF and the way it affects economic growth. During his talk he made a special mention of Lawfare, which is being used to drag Pakistan on Greylist of FATF. He also dwelled on the add-on advantages of Anti Terror Financing measures on national economy in context of documentation and Anti Corruption efforts. In the end he suggested various measures to enhance Anti- Terror Financing efforts which will go a long way in improving the economy and security situation of the country.