1.0Daily Lead Pakistanhttps://leadpakistan.com.pk/newsWeb Deskhttps://leadpakistan.com.pk/news/author/edt/The Vicious Debt Cyclerich600338<blockquote class="wp-embedded-content" data-secret="b8ts5zMv8G"><a href="https://leadpakistan.com.pk/news/the-vicious-debt-cycle/">The Vicious Debt Cycle</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://leadpakistan.com.pk/news/the-vicious-debt-cycle/embed/#?secret=b8ts5zMv8G" width="600" height="338" title="“The Vicious Debt Cycle” — Daily Lead Pakistan" data-secret="b8ts5zMv8G" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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Dr Qaisar Rashid On February 28, Moody’s Investors Service downgraded the Government of Pakistan’s debt obligations ratings from Caa1 to Caa3, which indicated poor standing subject to very high credit risk. That is, if any lending agency is ready to advance money, it is highly likely that Pakistan will not service the loan. The decision […]