IMF agreement will marginally improve Pakistan's financial position, Moody's

IMF agreement will marginally improve Pakistan’s financial position, Moody’s

Islamabad: International credit rating agency Moody’s has issued a statement on the $3 billion agreement between Pakistan and the IMF. Moody’s says that the standby agreement with the IMF will slightly improve Pakistan’s financial capacity, but the IMF financing will pave the way for Pakistan to obtain funding. Moody’s says that it cannot be said…

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IMF deal will stabilize Pakistan's economy: Moody's

IMF deal will stabilize Pakistan’s economy: Moody’s

—File photo Global credit rating agency Moody’s says that the agreement with the International Monetary Fund (IMF) will stabilize Pakistan’s economy. Moody’s has said that Pakistan will have to make reforms for long-term stability, increase income, economic activity will be affected in the short term. Moody’s says that while high interest rates and inflation will…

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