ISLAMABAD, March 08: With real interest rates already above 10%, a rate cut isn’t just expected—it’s almost inevitable. Looking ahead, inflation is projected to average 3.75% by June 2025 and …
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S&P
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Latest Updates
S&P Global Considers Upgrading Pakistan’s Credit Rating Post-February 8 Elections
by Hamza Irshadby Hamza IrshadS&P Global Ratings, a prominent credit rating agency, has suggested the possibility of an upgrade in Pakistan’s credit rating following the emergence of a new political government after the general …
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ISLAMABAD: Standard and Poor (S&P) Global Ratings today downgraded the credit score of Pakistan for three reasons _ record inflation, deterioration in exernal and fiscal economic indicators. The S&P lowered …
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InternationalLatest Updates
S&P and Fitch announce Ukraine’s default, downgrade ratings
by Umar Sohailby Umar SohailBattered 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.
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Economy
shares near record levels as vaccination instills normalization hopes
by Hamza Irshadby Hamza IrshadShares traded on Friday in the world neared record highs as vaccination kick starts around the globe. Asian stocks take their lead from Wall Street as the progress in vaccine …