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Moody’s upgrades Pakistan’s ratings to ‘Caa2’

In a positive development, Moody's Investors Service has upgraded Pakistan's long-term issuer rating from "Caa3" to "Caa2" with a stable outlook. This upgrade follows Fitch Ratings' decision...

Global ratings improve for Pakistan’s economy with political stability

KARACHI: Pakistan's economy is showing signs of recovery as the country begins to stabilize politically. In a significant boost to its economic standing, Moody's...

IMF deal to improve funding for Pakistan: Moody’s

Global rating agency Moody’s on Tuesday said that Pakistan's recent staff-level agreement with the International Monetary Fund (IMF) will improve funding prospectes for the...

Pakistan’s new budget will ‘support’ IMF talks: Moody’s

Moody’s Ratings, a global credit rating agency, said that the Pakistan government’s budget for fiscal year 2024-25 would "likely support" Islamabad’s ongoing talks with...

Pakistan could default without IMF funds, Moody’s warns

Pakistan could default without an International Monetary Fund (IMF) bailout as its financing options beyond June are uncertain, Moody’s Investor Service warned on Tuesday. According...

Moody’s cuts Pakistan’s credit rating citing ‘increased liquidity’

SINGAPORE: Moody's Investors Service (Moody's) on Tuesday downgraded Pakistan's local and foreign currency issuer and senior unsecured debt ratings to Caa3 from Caa, citing...

S&P Global downgrades Pakistan’s credit rating

ISLAMABAD: Following Moody and Fitch’s move, Global ratings agency S&P Global cut Pakistan's long-term sovereign credit rating by one notch to "CCC+" from "B"...

Moody’s cuts UK outlook to ‘negative’

Ratings agency Moody's on Friday lowered the United Kingdom's outlook to "negative" from "stable" over ongoing political turmoil, weaker growth prospects and high inflation. Moody's...

Moody’s cuts Pakistan’s rating to Caa1

Moody's on Thursday cut Pakistan's sovereign credit rating by one notch to Caa1 from B3, citing increased government liquidity and external vulnerability risks, following...

Moody’s changes Pakistani banks’ outlook to negative from stable

ISLAMABAD: Moody’s Investors Service has affirmed the B3 long-term deposit ratings of five Pakistani banks but changed the outlook on the banks' long-term deposit...

Moody’s changes Pakistan’s outlook to negative from stable

Moody's on Thursday affirmed the Government of Pakistan's B3 local and foreign currency issuer and senior unsecured debt ratings and changed the outlook to...

Moody’s keeps Pakistan’s banking system outlook stable

The agency also observed that banks' slow economic recovery to affect loan quality, with nonperforming loans (NPLs) expected to rise over the coming months from a sector-wide level of 9.9% of gross loans in September 2020.

Moody’s keeps Pakistan’s outlook unchanged to B-3

It further said the Pakistani economy is improving and the biggest challenge being faced by the Pakistani economy, the current account deficit, is also shrinking.

Fitch cuts India’s sovereign rating outlook to ‘negative’

Fitch cut its outlook on India’s sovereign rating to “negative” from “stable” on Thursday and forecast a 5% contraction in growth for the current fiscal year

Moody’s changes outlook of five Pakistani banks to stable

The Moody’s has kept the rating outlook of the banks unchanged to B-3.

PTI govt rescued faltering economy, says minister

Moody's has upgraded Pakistan's rating to B 'Stable' from B 'negative'

Moody’s changes Pakistan’s outlook to stable from negative

The biggest challenge to Pakistan's economy, the current account deficit is shrinking.

Moody’s changes Pakistan’s banking system outlook to negative

The report said that the banks’ operating conditions will be difficult, as GDP growth slowing to 4.3% in the fiscal year ending June 2019

Moody’s predicts Pakistan’s GDP growth to slow in FY19

KARACHI: Pakistan’s GDP growth expected to slow to 4.3 to 4.7% in current and the next fiscal year from 5.8% in FY18 due to...
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