logo

Moody's delared Pakistan's economic outlook as stable

 

International rating agency Moody's has rated Pakistan's economic and banking outlook as stable.

Moody's has said that Pakistan's economy is improving and has begun to improve. Economic activity in Pakistan will remain below pre-Corona levels but will gradually improve.

In the current year 2021, Pakistan's economic growth rate will be one and a half percent, while the provision of loans to the private sector will be five to seven percent, in 2022, Pakistan's economic growth rate will be 4.4 percent.

According to Moody's, despite Corona, liquidity in Pakistan's banking sector is good, and the prospects for growth in Pakistan's banking system.

Tags

advertisement centil

This blog is created for your interest and in our interest as well as a website and social media sharing info Interest and Other Entertainment.