Escalating India-Pak tensions to hamper Pakistan's growth, India to remain stable: Moody's
Amid rising tension between India and Pakistan, Moody's Ratings warned it would weigh on Pakistan's growth. "Persistent increase in tensions could impair Pakistan's access to external financing and pressure its foreign-exchange reserves, which remain well below what is required to meet its external debt payment needs," it stated. India's macroeconomic condition would remain stable, Moody's added.