IMF deal to improve funding prospects for Pakistan: Moody’s
Global rating agency Moody’s on Tuesday said that Pakistan’s staff-level agreement with the International Monetary Fund (IMF)“ improves funding prospects, but ability to sustain reforms key to easing liquidity risks“.
The Shehbaz Sharif-led government and the IMF reached a three-year, $7 billion aid package deal on Saturday, the Washington-based institution said, giving much-needed respite to the nation.
In a comment regarding the new deal with the IMF, Moody’s said, “the new IMF...
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