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Moody’s changes Pakistan’s outlook from negative to stable

februari 28, 2023by Reacties uitgeschakeld voor Moody’s changes Pakistan’s outlook from negative to stable

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ISLAMABAD, Feb. 28 (Xinhua) — Moody’s Investors Service has changed Pakistan’s outlook from negative to stable while downgrading its local and foreign currency issuer and senior unsecured debt ratings from “Caa1” to “Caa3”.

The U.S.-based agency released its ratings on its website Tuesday.

The decision to downgrade the ratings is driven by Moody’s assessment that Pakistan’s increasingly fragile liquidity

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