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Moody’s forecast 1.5% GDP growth, 4.4% in next fiscal year

ISLAMABAD: Moody’s Investor Service has forecast that Pakistan’s economy will grow at a modest rate of 1.5 percent during the current fiscal year which will accelerate to 4.4% in the next fiscal year. “Economic activity will remain below pre-outbreak levels,

Moody’s confirmation of Pakistan’s rating an encouraging sign: Hamad Azhar

ISLAMABAD: Federal Minister for Economic Affairs Hammad Azhar has expressed satisfaction over Moody’s Investors Service that Moody’s confirmation of Pakistan’s B3 rating with a stable outlook during a pandemic is encouraging sign. Moody’s confirmed Pakistan’s B3 local and foreign currency

Moody’s retains Pakistan’s rating with stable outlook

NEW YORK: Moody’s Investors Service has confirmed Pakistan’s B3 local and foreign currency issuer and unsecured debt ratings with a stable outlook. On 14th May 2020, Moodys had decided to review Pakistan for downgrade but had retained the ratings. This

Moody’s places five banks under review for rating downgrade

ISLAMABAD: Moody’s has placed Pakistan’s five big banks for downgrade in ratings linked to their credit profiles emanating from the government’s potentially weakening creditworthiness in case of default on private debts. Credit rating agency Moody’s said it placed on review

Moody’s places Pakistan’s B3 rating under review for downgrade

NEW YORK: Moody’s has placed Pakistan’s local and foreign currency long-term issuer and B3 rating under review for downgrade, the global ratings agency has announced. Moody’s said the decision to place the ratings under review for downgrade reflects the expectation

Moody’s maintains stable outlook for Pakistan’s banking sector

ISLAMABAD: Global ratings agency Moody’s Investors Service stated that Pakistan’s banking system would have a stable outlook for the next 12-18 months due to robust funding and liquidity and close links with the sovereign underpin. “The sovereign credit profile has

Pleased to see Pakistan’s credit outlook stable: Alice Wells

WASHINGTON: The United States diplomat Alice Wells said that she was pleased to see that Moody’s Investors Service has revised the credit outlook of Pakistan to stable. In a tweet, Principal Deputy Assistant Secretary for South and Central Asian Affairs

Moody’s raises Pakistan’s economic outlook to stable

NEW YORK: Moody’s Investors Service also known as Moody’s has stated that the outlook of Pakistan’s currency has to stable from being negative. Such developments reduce external vulnerability risks, although foreign exchange reserve buffers remain low and will take time

Moody’s downgrades Britain debt outlook to negative

LONDON: Credit ratings agency Moody’s has downgraded the outlook for Britain’s debt, citing mounting policy challenges amid the Brexit debate. The agency cut the outlook to negative from stable but kept the debt at the investment grade Aa2. The ratings