Inside Financial Markets

Pakistan Developments to Have ‘Implications’ on Ratings: Moody’s

moodys silverPakistan 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.

Sanie Khan

Sanie Khan holds a deep knowledge of the financial markets in Pakistan. Based in Karachi, he has over 20 years of hands-on management experience in financial technologies and managing operations in the financial sector. He was the General Manager at the Pakistan Stock Exchange (PSX) for 17 years. He along-with senior members of Exchange

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)