Tuesday, 9 May 2023

Moody’s warns Pakistan could default without IMF loan

If Pakistan does not restart the loan programme with the International Monetary Fund (IMF), which has been inactive since last year due to the South Asian nation’s economic crisis, it risked defaulting on its external obligations. A rating agency, Moody’s, has issued the warning as the cash-strapped nation rushes to finish the ninth review in […]

from Daily Times https://ift.tt/fv0Tz38

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