Pakistan retains Moody’s B3 rating with stable outlook
By Tariq Ahmed Saeedi
August 09, 2020
KARACHI: Pakistan has averted the potential risk of rating downgrade by Moody’s Investor Service that now bets on a lower probability of the country default on foreign debts from private sector creditors amid the coronavirus shock.
Moody’s on Saturday confirmed the country’s B3 local and foreign currency issuer and senior unsecured debt ratings with a stable outlook. Concurrently, it also confirmed the B3 foreign currency senior unsecured ratings for The Third Pakistan International Sukuk Co Ltd.
-
'Elderly' Nanny Arrested By ICE Outside Employer's Home, Freed After Judge's Order -
Keke Palmer On Managing Growing Career With 2-year-old Son: 'It's A Lot' -
Key Details From Germany's Multimillion-euro Heist Revealed -
David E. Kelley Breaks Vow To Cast Wife Michelle Pfeiffer In 'Margo's Got Money Troubles' -
AI-powered Police Robots To Fight Crime By 2028: Report -
Everything We Know About Jessie J's Breast Cancer Journey -
Winter Olympics 2026: What To Watch In Men’s Hockey Today -
Winnie Harlow Breaks Vitiligo Stereotypes: 'I'm Not A Sufferer' -
Apple Martin Opens Up About Getting 'crazy' Lip Filler -
Why Did OpenAI Remove One Crucial Word From Its Mission Statement? -
Prince William Warned His Future Reign Will Be Affected By Andrew Scandal -
Amy Madigan Reflects On Husband Ed Harris' Support After Oscar Nomination -
Is Studying Medicine Useless? Elon Musk’s Claim That AI Will Outperform Surgeons Sparks Debate -
Margot Robbie Gushes Over 'Wuthering Heights' Director: 'I'd Follow Her Anywhere' -
'The Muppet Show' Star Miss Piggy Gives Fans THIS Advice -
Sarah Ferguson Concerned For Princess Eugenie, Beatrice Amid Epstein Scandal