Pakistans
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Pakistan’s troubles justify slump in bond prices: JPMorgan | The Express Tribune
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[ad_1] LONDON: Investment bank JPMorgan has called the slump in Pakistan’s bonds to just a third of their face value justified, following the country’s devastating floods and recent warnings by officials that some debt payments may need to be…
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Miftah not too optimistic about Pakistan’s economic outlook
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[ad_1] Former federal finance and revenue minister Miftah Ismail (left) in conversation with Dr Aqdas Afzal, an assistant professor of Social Development and Policy at Habib University in Karachi. — Courtesy Habib University Former federal finance minister Miftah Ismail is…
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Pakistan’s foreign exchange reserves continue to decline unabated
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[ad_1] A representational image of currency dealer counting $100 notes. — AFP KARACHI: In line with the dominant trend over the last several weeks, the country’s foreign exchange reserves held by the State Bank of Pakistan (SBP) once again declined…
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Pakistan’s ratings downgraded to Caa1 after 7 years by Moody’s
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[ad_1] Moody’s headquarters in New York, US. — AFP/File SINGAPORE: The Government of Pakistan’s local and foreign currency issuer and senior unsecured debt ratings on Thursday were downgraded to Caa1 from B3 by Moody’s Investors Service (Moody’s) after seven years….
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Pakistan’s medical equipment export grown by over 40%: Healthcare Devices Association of Pakistan
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[ad_1] Internationally, 56% of 500,000 medical equipment items available in the world market have Iranian versions. — AFP/File TEHRAN: Iran and Pakistan discussed ways to enhance cooperation on medical equipment during a webinar held on October 2, the Ministry of…
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How worried should we be about Pakistan’s economy? | The Express Tribune
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[ad_1] ISLAMABAD: Concerns are rising again over the health of Pakistan’s economy as foreign reserves run low, the local currency weakens and inflation stands at decades-high levels despite the resumption of an International Monetary Fund funding programme in August. The…
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France suspends Pakistan’s $107m loan repayment | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and France signed an agreement for the suspension of repayment of loans amounting to $107 million under the G20 Debt Service Suspension Initiative (DSSI), according to a statement issued by the Economic Affairs Division on Monday. In…
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Pakistan’s escape from FATF’s grey list | The Express Tribune
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[ad_1] PUBLISHED June 26, 2022 ISLAMABAD: In February of 2020, the president of the Financial Action Task Force (FATF) gave Pakistan a stark warning: either enact laws in line with the body’s Anti-Money Laundering (AML) and Combating Terrorism Financing (CFT)…
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Pakistan’s exports to China up nearly 6% | The Express Tribune
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[ad_1] BEIJING: Pakistan’s exports to China crossed $1.605 billion in the first five months of 2022, up 5.42% year on year, showed the official data from the General Administration of Customs of the People’s Republic of China (GACC). Pakistan Embassy…
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Russia-Ukraine conflict multiplying Pakistan’s energy woes: Bloomberg
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[ad_1] A representative image. Thousands of miles away from the Ukraine conflict, Pakistan is facing the brunt of the war and the West’s push to punish Russia for its invasion, according to a Bloomberg report. The South Asian nation, currently…
