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Moody's warns that escalating tensions between India and Pakistan may severely impact Pakistan's economy.
Moody's warns that rising tensions between India and Pakistan could hurt Pakistan's economy, hampering its fiscal consolidation and access to external financing.
India’s macroeconomic stability, supported by strong public investment and private consumption, is expected to remain robust despite potential higher defense spending.
Pakistan's foreign exchange reserves are already under pressure, and a prolonged conflict could worsen this situation.
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Moody's advierte que la escalada de las tensiones entre India y Pakistán puede afectar gravemente a la economía de Pakistán.