Pakistan has made substantial progress in countering terrorist financing and addressing regional extremist networks, a US State Department report states while also highlighting significant security challenges including a sharp rise in terrorist attacks in 2023.
The report released this week commends Pakistan for completing its updated National Risk Assessment (NRA) on money laundering and terrorist financing in 2023. This assessment evaluated 87 terrorist organisations, conducted sectoral vulnerability analyses, and identified donations and extortion as key funding sources for terrorism.
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