PACRA Maintains Entity Ratings of Ali Embroidery Mills (Pvt.) Limited Press ReleaseReportHistory BBB+ A2 22-Jan-25 PACRA Upgrades Entity Rating of Techno Time Construction (Pvt.) Limited Press ReleaseReportHistory AA(f) 21-Jan-25 PACRA Maintains Stability Rating of Al Ameen Islamic Income Fund ...
Credit Rating 16.00 Aug 2024 Fiscal Expenditure 16155.00 13295.30 PKR Billion Dec 2023 Government Budget -7.70 -7.90 percent of GDP Dec 2023 Government Budget Value -6521.40 -5259.90 PKR Billion Dec 2023 Government Debt 67816.20 66083.50 PKR Billion May 2024 Government Debt to GDP 91.00 89.00 percent...
DAVOS: Finance Minister Muhammad Aurangzeb held separate meetings with finance ministers of Saudi Arabia and Qatar and provided update on Pakistan’s improved international credit ratings and recent economic developments. In his meeting with Mohammed bin Abdullah Al-Jadaan, Minister of Finance of the ...
Fitch Ratings affirmed the "B-" LT Int. Scale (local curr.) credit rating of Pakistan on February 28, 2022. The outlook is stable.Issuer — PakistanFull name Ministry of Finance of the Government of Pakistan Registration country Pakistan...
Credit Ratings of Standard Chartered Leasing Limited upgraded January 16, 2012 Standard Chartered inaugurates new Islamic Banking Branch in Karachi 2011 November 29, 2011 Standard Chartered Pakistan contributes PKR 2.4 million to provide scholarships to less-privileged students ...
depending upon nature of credit ratings announced.If the credit rating announced was upgraded,investors enjoyed positive abnormal returns while in case when credit rating announcements were downgraded, then investors bear negative abnormal returns.Finally, the findings of study identified the applicability ...
"While the mini-budget will bolster the export sector, there is a greater risk of fiscal slippage and slower fiscal consolidation in the absence of additional revenue-raising measures," the rating agency said. Last year in June, the agency downgraded Pakistan's credit rating to "B3 negative" ...
Credit ratingsFitch rating:BBB- (2006) Moody's rating:Baa3 (2020) Standard & Poors rating:BBB- (2007)Fitch rating:B- (2018) Moody's rating:B3 (2015) Standard & Poors rating:B- (2019) Ease of Doing Business Index scoresOverall score:71 (2020) ...
Sri Lanka’s reserves are insufficient to repay its foreign debt obligations in the first half of this year. Pakistan’s reserves have dwindled to levels that can support less than a month of imports. Fitch Ratings cut Pakistan’s credit score deeper into junk territory this month, the s...
DAVOS: Finance Minister Muhammad Aurangzeb held separate meetings with finance ministers of Saudi Arabia and Qatar and provided update on Pakistan’s improved international credit ratings and recent economic developments. In his meeting with Mohammed bin Abdullah Al-Jadaan, Minister of Finance of the ...