Pakistan’s budget 2020-21 revenue target overly ambitious: Fitch

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Photo: File KARACHI: Global credit rating agency Fitch Ratings has said Pakistan?s fiscal targets for the next year will be challenging to meet amid the shock to the country?s economy due to the coronavirus pandemic. ?Public finances are a key credit weakness, as we noted even before the health crisis took hold when we affirmed Pakistan?s rating at ?B-? with a stable outlook in January 2020,? the economic research firm said in a statement.

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