Pakistan shows strong growth, reduction in fiscal deficit, says Moody?s

[ahlam1399]

Pakistan shows strong growth, reduction in fiscal deficit, says Moody?s

ISLAMABAD: strong growth performance, reduction in fiscal deficit and improved inflation dynamics underpin the Government of Pakistan’s B3 rating with a stable outlook, says Moody's Investors Service. In a statement issued on Monday, the credit rating agency maintained that the government’s very narrow revenue base weighs on debt affordability.







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