Finance ministry contests rating action by Moody’s
The Finance Ministry strongly contested the Moody’s rating action, which it said was carried out unilaterally without prior consultations and meetings with its teams and State Bank of Pakistan. Moody’s has released the revised rating for Pakistan in which it has downgraded the sovereign credit rating from B3 to Caa1. “The rating action by Moody’s is…
Adil Aziz