Monday, December 23, 2024

Will Give Befitting Reply to Moody’s if Downgrade not Reversed: Ishaq Dar

Finance Minister Ishaq Dar warned Moody’s Investor Service on Friday that he would give a “befitting” reply in a meeting.

Moody’s should have consulted Pakistan prior to the downgrade at least they could have consulted me, there was no need to worry.

“They (Moody’s officials) have to meet me. I told them if you don’t [reverse] this, I will give you a befitting response in our meeting next week,” he said.

“We have given our response. I have worked in international organizations too. It was impossible for them (Moody’s) to undo [the downgrade],” he acknowledged

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