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Tokyo, Dec 29: Pakistan’s fiscal position and external balance of payments may be ‘undermined’ if political stability is not restored, said Thomas Byrne, credit analyst for Moody’s Investors Service.
The perceived risk of Pakistan defaulting on its dollar-denominated debt rose to the highest in a month after former Prime Minister Benazir Bhutto was murdered at an election rally on Thursday.
Tokyo, Dec 29: Pakistan’s fiscal position and external balance of payments may be ‘undermined’ if political stability is not restored, said Thomas Byrne, credit analyst for Moody’s Investors Service.
