Political wrangling in Pakistan is hampering the government’s ability to focus on economic issues but poses no immediate risk to its sovereign ratings, Moody’s Investors Service said on Wednesday.

The group has a B3 sovereign rating for Pakistan with a stable outlook.

“The government is constrained in its focus on long-term economic issues,” Aninda Mitra, Moody’s sovereign analyst for Pakistan, told Reuters in a telephone interview
from Singapore.