WebOct 21, 2024 · Global ratings agency Fitch cut Pakistan’s sovereign credit rating on Friday by a notch to ‘CCC+’ from ‘B-’, citing further deterioration in the country’s external … Web1 day ago · Egypt-based Trela entered Pakistan in 2024 and raised $42 million in 2024 from investors including the venture arm of A.P. Moller-Maersk A/S, one of the world’s largest shipping companies ...
Fitch cuts Pakistan’s sovereign credit rating to ‘CCC+’ from ‘B ...
WebJul 19, 2024 · KARACHI, Pakistan, July 19 (Reuters) - Ratings agency Fitch on Tuesday revised its outlook on Pakistan to negative from stable, citing a deterioration in the country's external liquidity... WebMar 2, 2024 · ISLAMABAD: Highlighting some downside economic and political risks, Fitch Ratings has affirmed Pakistan’s long-term rating at ‘B-’ with a stable outlook and economic growth rate at 4.5 per cent... grant thornton florida
Global sukuk outlook for Q2 is positive despite slowdown: Fitch
WebOct 22, 2024 · Fitch said the downgrade reflected a further deterioration in Pakistan’s external liquidity and funding conditions and the decline of foreign exchange reserves. This is partly a result of... WebOct 21, 2024 · On the policy front, Fitch said it assumed that Pakistan will continue to receive disbursements under its IMF programme, but risks to this have risen. The Asian … WebSep 2, 2024 · We expect Pakistan’s current account deficit to come in at 2.2% of GDP in FY2024/22 (July 2024-June 2024), up from 0.6% in FY20/21, as the trade deficit widens. Pakistan’s lacklustre ability to attract foreign direct investment inflows, alongside a slowdown in remittance flows, is unable to offset the country’s widening trade deficit. chipoo facts