Zimbabwe removed from international financial blacklist

Zimbabwe has been removed from the international financial blacklist after the country took steps towards improving its role in the global fight against money laundering and terrorist financing, a Cabinet minister said.

Finance minister Patrick Chinamasa welcomed the move by the Financial Action Task Force to remove the country from a monitored list.

According to the FATF website, the country was removed from the list in February.

The action was taken following Zimbabwe's full implementation of the mutually agreed Action Plan and the exhibition of a clear political commitment to continue the development of its anti-money laundering and combating the financing of terrorism regime.

Other countries still on the list include Afghanistan, Angola, Iraq, Cambodia and Sudan