Tag Archives: Moody’s sees Pakistan growth rates sliding to 2pc

ISLAMABAD: Moody’s Investors Service on Thursday estimated Pakistan’s growth rate could further slide to two per cent during the current fiscal year owing to Covid-19 outbreak and believed recent steps by the State Bank of Pakistan (SBP) would soften the impact of the pandemic on the country’s banks. On March 17, the Moody’s had formally reduced its forecast for Pakistan …

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