Fitch Ratings downgrades Pakistan to ‘CCC-‘
Downgrade reflects sharp deterioration in external liquidity, funding conditions, decline of foreign exchange reserves. Fitch Ratings downgrades Pakistan to ‘CCC-‘….
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World Bank slashes Pakistan’s GDP growth projection by half
World Bank cuts Pakistan GDP growth projection to 2%. World Bank slashes Pakistan’s GDP growth projection by half. The World…
Pakistan’s annual GDP can fall 18-20% by 2050 due to climate change risks: WB
Joint risks from intensification of climate change will further aggravate Pakistan’s economic fragility, World Bank report says. Pakistan’s annual GDP…
Pakistan requires $348 billion of GDP for climate challenges
Pakistan needs $348bn or 10.7% of GDP in next eight years. Pakistan requires $348 billion of GDP for climate challenges….
Saudi GDP climbs nearly 12% in 2nd quarter on oil gains
Growth in the second quarter was 11.8 percent Saudi GDP climbs nearly 12% in 2nd quarter on oil gains. Saudi…