Pakistan Developments to Have ‘Implications’ on Ratings: Moody’s
2014-09-01 08:52:24.451 GMT
By Sharon Chen
Sept. 1 (Bloomberg) — Recent political developments will have “implications” for country’s creditworthiness, if they result in derailment of structural reform process, Moody’s analyst Anushka Shah says in response to e-mailed questions.
* Over the last yr, govt. has been broadly on track in meeting
structural reforms under IMF program
* Ability to maintain this momentum would be key factor
driving credit profile, given disbursements under the plan
are crucial to maintaining external liquidity buffer
* NOTE: Pakistan Army Asks Politicians to End Deadly Strife.
Link to story: {NSN NB7MZX6S972I<Go>}
* NOTE: Pakistan Outlook Raised to Stable From Negative at
Moody’s. Link to story: {NSN N8P1B06S972S<Go>}
* NOTE: Pakistan Approved for $6.6 Billion IMF Loan to Bolster
Economy. Link to story: {NSN MSMMQH0D9L35<Go>}
* NOTE: Pakistan reform progress under IMF plan is credit
Positive, Moody’s said in report last mo.
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