Moody’s Investors Service said in a statement that revenue-raising measures would likely be among the prior actions that the International Monetary Fund (IMF) requires before releasing the next tranche of financing to Pakistan. “Pakistan’s government liquidity and external vulnerability risks are elevated, and there remain considerable risks around Pakistan’s ability to secure required financing to fully meet its needs for the next few years,” Moody’s said.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

PM Imran Khan reviewed the  progress of the development projects of ERRA

In a meeting in Islamabad, PM Imran Khan was briefed about the…

U.S. VP Kamala Harris starts investment in Central America

Washington: On Monday, U.S. Vice President Kamala Harris announced a new investment…

Govt announces power subsidy for export industries

On Thursday, Finance Minister Ishaq Dar endorsed a power subsidy package for…

Qatar Investment Authority aims to invest $3 billion in Pakistan

Qatar’s Emiri Diwan said on Wednesday that the Qatar Investment Authority (QIA)…