Great website! It looks very professional! Keep up the good work!

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You've got one of the best sites.
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Love the site-- very individual pleasant and whole lots to see!


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Great looking web site. Think you did a whole lot of your own coding.

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Oct 6 (Reuters) -

* MOODY'S DOWNGRADES PAKISTAN'S RATING TO CAA1; OUTLOOK REMAINS NEGATIVE

* MOODY'S SAYS DOWNGRADED THE GOVERNMENT OF PAKISTAN'S LOCAL AND FOREIGN CURRENCY ISSUER
AND SENIOR UNSECURED DEBT RATINGS TO CAA1 FROM B3

* MOODY'S HAS ALSO DOWNGRADED THE RATING FOR PAKISTAN'S SENIOR
UNSECURED MTN PROGRAMME TO (P)CAA1 FROM (P)B3

* MOODY'S SAYS FLOODS HAVE EXACERBATED PAKISTAN'S LIQUIDITY AND EXTERNAL CREDIT
WEAKNESSES AND VASTLY INCREASE SOCIAL SPENDING
NEEDS

* MOODY'S SAYS DEBT AFFORDABILITY, A LONG-STANDING CREDIT WEAKNESS FOR PAKISTAN, WILL REMAIN EXTREMELY
WEAK FOR THE FORESEEABLE FUTURE

* MOODY'S SAYS THE CAA1 RATING REFLECTS MOODY'S VIEW THAT PAKISTAN WILL
REMAIN HIGHLY RELIANT ON FINANCING FROM MULTILATERAL PARTNERS

* MOODY'S SAYS FLOODS WILL ALSO RAISE PAKISTAN'S EXTERNAL FINANCING NEEDS, RAISING THE RISKS OF
A BALANCE OF PAYMENTS CRISIS

* MOODY'S SAYS DECISION TO DOWNGRADE PAKISTAN'S RATINGS DRIVEN BY EXTERNAL VULNERABILITY RISKS, HIGHER DEBT SUSTAINABILITY RISKS,
AMONG OTHERS

* MOODY'S ON PAKISTAN SAYS NEGATIVE OUTLOOK CAPTURES RISKS AROUND PAKISTAN'S ABILITY TO SECURE REQUIRED
FINANCING TO FULLY MEET ITS NEEDS IN NEXT FEW YEARS

* MOODY'S EXPECTS PAKISTAN'S IMF EXTENDED FUND FACILITY (EFF) PROGRAM WILL REMAIN IN PLACE AND
PROVIDE AN AVENUE FOR FINANCING FROM THE IMF IN
NEAR TERM

* MOODY'S ON PAKISTAN SAYS NEGATIVE OUTLOOK ALSO CAPTURES RISKS THAT, SHOULD A DEBT RESTRUCTURING BE NEEDED, IT MAY EXTEND TO PRIVATE SECTOR CREDITORS

* MOODY'S SAYS FLOODS WILL ALSO RAISE PAKISTAN'S EXTERNAL FINANCING NEEDS, RAISING THE RISKS OF A
BALANCE OF PAYMENTS CRISIS

* MOODY'S SAYS LOW LEVEL OF RESERVES LIMITS PAKISTAN'S ABILITY TO SUBSTANTIALLY DRAW DOWN ON THEM TO MEET
DEBT OR IMPORTS PAYMENTS NEEDS

* MOODY'S SAYS LOWERED PAKISTAN'S REAL GDP GROWTH TO 0-1% FOR FISCAL 2023 (THE YEAR ENDING IN JUNE 2023), FROM A PRE-FLOOD ESTIMATE OF 3-4%

* MOODY'S SAYS IT EXPECTS THE FISCAL DEFICIT TO WIDEN TO 7-8%
OF GDP FOR FISCAL 2023 FOR PAKISTAN

* MOODY'S SAYS PRESSURES ON PUBLIC FINANCES ARE LIKELY TO PERSIST IN
THE NEXT FEW YEARS FOR PAKISTAN

* MOODY'S SAYS IT EXPECTS INFLATION TO PICK UP TO 25-30% ON AVERAGE FOR
FISCAL 2023, COMPARED TO A PRE-FLOOD ESTIMATE OF 20-25% FOR PAKISTAN

* MOODY'S SAYS FLOODS ARE LIKELY TO HAVE LONG-TERM NEGATIVE EFFECTS
ON ECONOMIC AND SOCIAL CONDITIONS FOR PAKISTAN Source text for Eikon:





Colonia Santa Teresa Mexico (research.ece.cmu.edu)