Fitch Ratings

Pakistan’s Political Volatility Adds to External Financing Risk: Fitch Report

Pakistan’s Political Volatility Adds to External Financing Risk: Fitch Report

The recent government change in Pakistan has been peaceful, but raises near-term policy uncertainty even as the country faces external and fiscal challenges from rising commodity prices and an increase in global risk aversion, says Fitch Ratings. The authorities’ policy agenda remains central to Pakistan’s ability to refinance its external debt over the medium term,…