Fitch

Islamabad/Washington: Pakistan is actively working to increase its imports from the United States, particularly in commodities like cotton and soybean, while seeking to remove non-tariff barriers that have affected trade …

Fitch Ratings has affirmed Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘CCC,’ stating that it does not typically assign outlooks to sovereigns with a rating of ‘CCC+’ or below. …

Battered by Russia’s invasion, which started on Feb 24, Ukraine faces a 35-45 per cent economic contraction in 2022 and a monthly fiscal shortfall of $5bn.