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New budget will ‘support’ IMF talks: Moody’s

Moody's Pakistan
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Global credit rating agency Moody’s has stated that Pakistan’s newly announced budget for fiscal year 2024-25 could potentially support ongoing negotiations with the International Monetary Fund for a new Extended Fund Facility.
However, the agency also expressed concerns about the potential for social unrest due to high inflation, which could hinder the government’s ability to implement necessary reforms.

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