Fitch downgrades Pakistan's outlook from stable to negative citing financing conditions, political risks - DAWN.com
7/19/2022 12:00:00 AM3 years 7 months ago
by Dawn.com
by Dawn.com
“Renewed political volatility cannot be excluded and could undermine fiscal and external adjustment,” it says.
Ratings agency Fitch has revised Pakistan's outlook from 'stable' to 'negative', citing several reasons for the downgrade, including adjustment risks, financing, political risks and declining reserve… [+3478 chars]
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