default risk

Asad Umar, a senior leader of the Pakistan Tehreek-e-Insaf (PTI) party, has expressed surprise and skepticism over the claims made by former Federal Board of Revenue (FBR) chief Shabbar Zaidi …

IMF wants Pakistan to become “Sri Lanka” ISLAMABAD: Finance Minister Senator Muhammad Ishaq Dar finally disclosed that the IMF wants Pakistan to become Sri Lanka. Addressing a press conference on …

WASHINGTON: The Fitch Ratings agency downgraded Pakistan’s long-term foreign-currency issuer default rating (IDR) to ‘CCC-’ from ‘CCC+’. A CCC minus rating denotes a very high level of default risk. Fitch …

ISLAMABAD: PML-N leader and former finance minister Miftah Ismail said Pakistan is heading towards default. Miftah advised the government to take steps to avert the threat of default. Miftah Ismail …

During the meeting at Aiwan-i-Sadr in Islamabad today, Dr Alvi and Ishaq Dar also discussed various political and economic matters.

ISLAMABAD: The risk of default of Pakistan, calculated by the 5-year credit default swap (CDS) spiked by 3.07 percentage points on Tuesday, hitting a 13-year high at 52.8%. Before the …

Pakistan along with Mongolia, Myanmar, Cambodia and Laos stand out in terms of Asian countries which are vulnerable to repayment difficulties based on economic fundamentals and external creditor relations.

Evergrande announcement of making loans repayment as per original schedule has ended ongoing erosion in crypto and stock markets