Pakistan Revenue
SINGAPORE: Moody’s Investors Service on Monday affirmed Pakistan’s outlook rating to stable from negative. In a statement the Moody’s said that the change in outlook to stable is driven by Moody’s expectations that the balance of payments dynamics will continue to improve, supported by policy adjustments and currency flexibility. Such developments reduce external vulnerability risks, […]
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ISLAMABAD: International rating agencies Moody’s and Fitch have visited Pakistan for annual credit rating exercise, said a statement issued by ministry of finance on Friday. Details of the visit and the last five-year rating assigned to Pakistan by these two rating agencies is contained in the write-up below: Recent interaction of the Ministry of Finance […]
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Moody’s Investors Service, a globally renowned credit rating agency, has altered its outlook for Pakistan’s banking system from stable to negative, citing concerns over the sector’s exposure to the nation’s low-rated sovereign debt and a decelerating economy.
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