IMF pact ‘credit positive’ for Pakistan, says Moody’s

A Moody's sign is displayed on 7 World Trade Center, the company's corporate headquarters in New York, February 6, 2013. (Reuters/File)

July 19: Dawn reported that Moody’s Investors Service on Monday termed the staff level agreement (SLA) signed by Pakistan with the International Monetary Fund (IMF) for the revival of its programme as ‘credit positive’ and hoped it would ease pressure on declining foreign exchange reserves. Read more I