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Moody’s, S&P suggest Pakistan to improve economy for better rating

WASHINGTON: World Rating Agencies Moody’s and S&P advised Pakistan to improve economic performance to make their credit rating better, ARY News reported.

In a meeting with Federal Finance Minister Ishaq Dar at Washington on Monday, the representatives of Moody’s and S&P termed issuance of Eurobonds a positive economic move by Pakistan.

Praising government performance, they said economic reforms by the government have started attracting foreign investors. They suggested that Pakistan can further improve their credit rating with better economic performance.

 

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