{"id":88561,"date":"2022-09-11T10:00:00","date_gmt":"2022-09-11T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=88561"},"modified":"2022-09-09T15:55:09","modified_gmt":"2022-09-09T10:55:09","slug":"moodys-pakistan-imf-credit-positive-2","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/moodys-pakistan-imf-credit-positive-2.html","title":{"rendered":"Moody\u2019s terms Pakistan-IMF deal \u2018credit positive\u2019 for economy"},"content":{"rendered":"\n<p>Islamabad: Moody&#8217;s Investors Service has termed the Pakistan and International Monetary Fund\u2019s (IMF) USD 1.17 billion loan deal a \u2018credit positive\u2019 development for Pakistan\u2019s economy, news sources reported on September 05.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/moodys-pakistan-imf-credit-positive.html\" data-type=\"post\" data-id=\"87390\" target=\"_blank\" rel=\"noreferrer noopener\">Moody\u2019s terms Pakistan-IMF staff-level agreement \u2018Credit Positive<\/a>\u00a0<\/p>\n\n\n\n<p>The firm termed the deal a positive sign for the economic recovery from the deep recession and the overall balance of payment issues. A report published by the internationally recognized rating agency said that IMF financing and additional support from<a href=\"https:\/\/www.zameen.com\/news\/qatar-roosevelt-hotel-usd-3-in-pak.html\" data-type=\"post\" data-id=\"88227\" target=\"_blank\" rel=\"noreferrer noopener\"> bilateral partners will ease pressure<\/a> on Pakistan\u2019s dwindling foreign exchange reserves. As stated in the report, the baseline expectation is that Pakistan would be able to satisfy its funding needs for the financial year (FY) 2023 and the next few years, assuming that Pakistan maintains engagement with the IMF for the remainder of the<a href=\"https:\/\/www.zameen.com\/news\/imf-usd-1-17-bn-loan-pakistan-eff.html\" data-type=\"post\" data-id=\"88316\" target=\"_blank\" rel=\"noreferrer noopener\"> EFF programme<\/a> and undertakes structural reforms to promote sustainable growth. The report also underlined the risks to the present economic recovery, such as increased import demand and flooding that has harmed agriculture and civic infrastructure. Moody&#8217;s stated that external pressure mixed with domestic policies will play a significant role in modifying the country&#8217;s macroeconomic policies.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/imf-usd-1-17-bn-loan-pakistan-eff.html\" data-type=\"post\" data-id=\"88316\" target=\"_blank\" rel=\"noreferrer noopener\">IMF approves USD 1.17 bn loan for Pakistan under EFF<\/a><\/p>\n\n\n\n<p>It is worth noting that the IMF has released USD 1.17 billion under the EFF. This has also resulted in a USD 4 billion inflow from Gulf countries, which is expected to reduce the current account deficit (CAD).<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Moody&#8217;s Investors Service has termed the Pakistan and International Monetary Fund\u2019s (IMF) USD 1.17 billion loan deal a \u2018credit positive\u2019 development for Pakistan\u2019s economy, news sources reported on September 05. Read: Moody\u2019s terms Pakistan-IMF staff-level agreement \u2018Credit Positive\u00a0 The firm termed the deal a positive sign for the economic recovery from the deep recession and the overall balance of payment issues. A report published by the internationally recognized rating agency said that IMF financing and additional support from bilateral partners will ease pressure on Pakistan\u2019s dwindling foreign exchange reserves. As stated in the report, the baseline expectation is that Pakistan would be able to satisfy its funding needs for the financial year (FY) 2023 and the next few years, assuming that Pakistan maintains engagement with the IMF for the remainder of the EFF programme and undertakes structural reforms to promote sustainable growth. The report also underlined the risks to the present economic recovery, such as increased import demand and flooding that has harmed agriculture and civic infrastructure. Moody&#8217;s stated that external pressure mixed with domestic policies will play a significant role in modifying the country&#8217;s macroeconomic policies.\u00a0 Read: IMF approves USD 1.17 bn loan for Pakistan under EFF It&hellip;<\/p>\n","protected":false},"author":84,"featured_media":61098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[53982,53979,53981,53980],"persona":[],"class_list":{"0":"post-88561","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-imf-deal-pakistn","9":"tag-moodys-terms-pakistan-imf-deal-credit-positive-for-economy","10":"tag-moody-deal","11":"tag-moodys-credit","12":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Moody\u2019s terms Pakistan-IMF deal \u2018credit positive\u2019 - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Moody&#039;s Investors Service has termed the Pakistan and International Monetary Fund\u2019s (IMF) USD 1.17 billion loan deal a \u2018credit positive\u2019\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/moodys-pakistan-imf-credit-positive-2.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Moody\u2019s terms Pakistan-IMF deal \u2018credit positive\u2019 - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Moody&#039;s Investors Service has termed the Pakistan and International Monetary Fund\u2019s (IMF) USD 1.17 billion loan deal a \u2018credit positive\u2019\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/moodys-pakistan-imf-credit-positive-2.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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