Moody’s expresses fears about continuity of policies

Moody's

ISLAMABAD: The New York-based credit rating agency Moody’s on Tuesday expressed fears that Nawaz Sharif’s disqualification as a member of parliament in the Panama Papers case could pose risks to continuity of policies in Pakistan and might impact adversely on its rating. “If heightened political uncertainty and strife among the various branches of government disrupt the administration’s economic and fiscal agenda, macroeconomic stability and the government’s access to external finance could be impaired, weighing on Pakistan’s credit profile,” the agency said. Also Read:Widow of late Edhi Ms Bilquis Edhi to visit Norway soon…

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