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PAKISTAN BANK DOWNGRADE
World finance chiefs head to IMF with a sense of déjà vuGlobal economic policymakers convene amid concerns over President Trump's actions impacting Middle East growth. The IMF warns of reduced ca...- World Bank slashes 2026 Middle East growth forecast after energy sector turmoilThe World Bank has significantly lowered its 2026 growth projections for Middle Eastern economies. This comes as a direct result of the ong...
- Sensex rises for 4th consecutive day, jumps 510 pts; Nifty above 23,100Indian stock markets rebounded strongly on Tuesday, with Sensex and Nifty gaining nearly 2% each after recovering from morning lows. This s...
- Maldives’ tourism-driven economy stares at crisis amid West Asia warThe Maldives economy faces a crisis due to West Asia disruptions. Tourist arrivals are down, impacting revenue. Significant debt repayments...
- India demands Italy cut financing to PakistanFollowing the Pahalgam terror attack, India has urged Italy to reduce financial aid to Pakistan during a meeting between Finance Ministers ...
- Why stock market fell today: Sensex ends 588 pts lower, Nifty below 24,100 as Pahalgam attack fuels geopolitical concerns. 5 reasons behind bloodbathStock Market Crash Today: Indian stock markets plunged, reversing early gains due to escalating India-Pakistan tensions following a terror ...
- Pakistan’s banking sector faces strong headwindsIn addition to downgrading long term deposit ratings of the five banks, Moody’s also downgraded their foreign Currency Counterpart Risk Rat...
- Pakistan contests Moody's ratings downgrade, says can meet its obligationsMoody's cut Pakistan's sovereign credit rating on Thursday by one notch to Caa1 from B3, citing increased government liquidity and external...
- Some of the South Asian economies need urgent access to multilateral support: Michael D PatraCountries such as Pakistan and Sri Lanka faced rating downgrades by various external credit rating agencies limiting their access to intern...
- Pakistani rupee sinks to all-time low against US dollarThe figures released by the State Bank of Pakistan (SBP) showed the greenback closed at an all-time high of 236.02 rupees in the interbank ...
- Debt payment to exports ratio highest in Pakistan, Sri LankaHans Timmer, World Bank's Chief Economist for South Asia, in an online briefing told reporters that Pakistan would have to curtail its yawn...
- Pakistan says trade with India plunges significantlyThe State Bank of Pakistan data in the first half of 2019-20 fiscal starting from July 1 showed that Pakistan's exports to India during the...
- FATF June meet critical as China to chair from JulyAt the time of Liu’s appointment, India had voted in favour of China.
- Pakistan's EM status in doubt after deep slide in stock valueThe South Asian nation has erased about $44 billion of equity value since June 2017.
- Pakistan fearful of FATF heat for not acting against terroristsThe FATF will undertake the next review of Pakistan’s progress on implementing the recommendations in June.
- Pakistan not showing understanding of terror financing risk: Financial Action Task ForcePakistan was placed on the ‘grey list’ in June last year and was lobbying hard to be removed from it at the Paris meeting.
- FATF grey listing to take its toll on Pakistan economyThe country may suffer a risk downgrade by multilateral lenders such as IMF, World Bank, ADB and also a reduction in risk-rating by Moody’s...
- Agency downgrades Pak’s bond ratingsGlobal rating agency, Moody’s, has downgraded Pakistan’s bond ratings in the wake of growing economic imbalances and political uncertaintie...
- S&P downgrades ratings of Pakistan & MalaysiaPakistan’s downgrade reflects pressure on fundamentals, while that of Malaysia’s due to political uncertainty after elections, says agency.
- Wave of violence claims 32 livesAt least 32 people, including a PML (Q) candidate, were killed as violence raged on Friday in several Pakistani cities following Ms Bhutto’...
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