FDI shrinks by 59% to $461m in first six months of FY 2023
Investment in power sector falls to $237 million from $345 million. FDI shrinks by 59% to $461m in first six…
IMF
S&P Global Ratings downgrades Pakistan’s credit score
Fitch and Moody’s have already ranked Pakistan’s bonds below investment grade. S&P Global Ratings has downgraded Pakistan’s credit score due…
World Bank approves $1.69bn financing for Pakistan’s flood rehabilitation efforts
WB says Sindh was the worst-affected province by floods. World Bank approves $1.69bn financing for Pakistan’s flood rehabilitation efforts. The…
Pakistan’s current account deficit plunges 86% to 19-month low
Pakistan posted deficit of $276 million in November, SBP data shows. Pakistan’s current account deficit plunges 86% to 19-month low….
Default threat still not over: Miftah Ismail
Calling Imran ‘the father of default’, Miftah said Khan is responsible for pushing Pakistan towards default. Default threat still not…
Gold & silver peak to fresh all-time high in Pakistan
Gold price settles at an all-time high of Rs164,150 per tola. Gold & silver peak to fresh all-time high in…
Govt seeks major IMF shareholders’ help for $7bn plan
Japan, Germany, and France are three other leading voting powers in IMF’s executive board with 6.14pc, 5.31pc and 4.03pc votes….
Gold shines, price hits all-time high of Rs164,000 per tola
Gold price is climbing high in local bullion market with investors scurrying for a safe haven after a softening currency….
No risk of default, remittances pouring into Pakistan, Aisha Ghaus tells NA
Pasha says govt has revived IMF programme while improvement is being seen in exports. Pakistan faced a difficult situation when…
Pakistan’s perceived default risk worsens ‘owing to IMF uncertainty’
Expert says CDS would normalise after inflows from friendly countries and global lender are realised Pakistan’s perceived default risk worsens…