RFERL:

A global financial watchdog has given Iran until February to crack down on terrorism funding or risk further sanctions on its struggling economy.

The Financial Action Task Force warned on October 19 that it would effectively blacklist Iran if it doesn't fulfill 10 promises Tehran made to pass and enforce laws against financing terrorist groups.

Iran has long provided support to the Lebanese Hizballah militant group and Palestinian armed groups, which Western countries view as terrorist organizations.

Iran's parliament approved some new measures against funding terrorism earlier this month under pressure to adopt international standards. But the task force said that it could only consider fully enacted legislation.

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