INSUBCONTINENT EXCLUSIVE:
Fund (IMF) programme implementation and its official support for the next few years, The News reported on Thursday.With elections taking
scheduled for February 8, the agency on Wednesday shared the possibility in its forecast report, mentioning the chance of election outcomes
influencing credit profiles as being higher in both Pakistan and Sri Lanka, which also gets its funds from the IMF.Other countries where
credit profiles as being higher in Pakistan and Sri Lanka, which both will remain dependent in the next few years on successful IMF
policy agendas of the next governments could affect credit profiles
elections will lead to some uncertainty
In its report, the agency said that the Asia-Pacific region should largely remain resilient in 2024 to the several challenges it will face,
including slowing global growth, high yields, geopolitics and lingering property-sector issues in China.Meanwhile, rating actions in 2023
related to changes in its external financing outlook, the agency said.GDP growth will mostly be higher for APAC sovereigns than for their
peers in other regions.It forecast growth below the peer median for only a few APAC sovereigns, namely Japan, New Zealand and Pakistan.The
agency stated that growth should be supported by a gradual upturn in the global tech cycle and relatively robust domestic demand in some
instance from Singapore and Korea, are pointing to the start of an upward trend in the generally short tech cycle, helped by technological
