Global credit rating agency says Pakistan’s external position under significant stress

A sign for Moody's rating agency stands in front of the company headquarters in New York, September 18, 2012. (AFP/FILE)
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Updated 10 February 2023
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Global credit rating agency says Pakistan’s external position under significant stress

  • Moody’s says revenue-raising measures will likely be among prior actions IMF requires from Pakistan
  • Talks with the IMF aimed at unlocking at least $1.1 billion of stalled funding ended without a deal

NEW YORK: Revenue-raising measures will likely be among prior actions that the International Monetary Fund (IMF) requires before releasing the next tranche of financing to Pakistan, Moody’s Investors Service said in a statement on Friday.

Pakistan and the IMF will resume talks virtually next week after 10 days of face-to-face discussions in Islamabad on how to keep the country afloat ended without a deal.

The talks are aimed at unlocking at least $1.1 billion of stalled funding for the South Asian country.

“Pakistan’s government liquidity and external vulnerability risks are elevated, and there remains considerable risks around Pakistan’s ability to secure required financing to fully meet its needs for the next few years,” Moody’s said.


Pakistan, UK discuss regional security, cross-border attacks as senior official visits Islamabad

Updated 20 January 2026
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Pakistan, UK discuss regional security, cross-border attacks as senior official visits Islamabad

  • British envoy for Afghanistan Richard Lindsay’s visit comes at a time of a surge in militancy in Pakistan’s border regions
  • Pakistani diplomat says both sides reviewed broader security challenges, emphasized coordination to address ‘shared concerns’

ISLAMABAD: Pakistani and British officials have discussed regional security challenges and cross-border attacks during talks in Islamabad, a Pakistani diplomat said on Tuesday, during a visit of the United Kingdom’s Afghanistan envoy, Richard Lindsay, to the Pakistani capital.

Pakistan and the UK regularly cooperate on counterterrorism and security, with a focus on intelligence-sharing to combat militant activity. Lindsay’s visit comes at a time of a rise in militancy in Pakistan’s western provinces, which border Afghanistan.

Mohammad Sadiq, Pakistan’s special representative for Afghanistan, said the discussions in Islamabad focused on the regional security situation, particularly the urgent challenge posed by cross-border attacks.

“We also exchanged views on the latest regional security developments and broader security challenges,” he said on X. “We emphasized the importance of continued cooperation and coordination to address shared concerns and promote regional stability.”

Islamabad frequently accuses Afghanistan of allowing its soil and India of backing militant groups, such as the Tehreek-e-Taliban Pakistan (TTP) and the Balochistan Liberation Army (BLA), for attacks against Pakistan. Kabul and New Delhi deny this.

In recent years, Pakistan and the UK have engaged with each other on counterterrorism and cross-border crimes as part of bilateral cooperation.

Both sides held the second round of the Pakistan-UK Counter Terrorism Dialogue in London in February last year, reviewing global and regional threats and exchanging best practices. Over the years, armed forces of both countries have also maintained close cooperation, particularly in counterterrorism efforts and professional military training.