Moody’s declared Pakistan’s banking outlook stable

Moody’s declared Pakistan’s banking outlook stable
ISLAMABAD: Moody’s has declared Pakistan’s banking outlook stable, despite reports that the Pakistani banking sector system has improved despite challenges.

According to the Moody’s report, the government’s reforms and policy reforms have stabilized the banks, boosted banks’ profits in 2020, and the Pakistani economy could return to 1.5 percent growth in 2012.

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