WebFeb 15, 2024 · New York-based global ratings agency Fitch has warned that the ‘possibility of a default’ is real in Pakistan. If the country cannot repay commercial debt, its ability to import goods will be hit. This will … WebFeb 14, 2024 · Global ratings agency Fitch cut Pakistan's sovereign credit rating on Tuesday by a notch from CCC+ to CCC-, citing policy risks, critically low reserves and large refinancing risks, and difficult conditions set by the International Monetary Fund (IMF). Fitch typically does not assign outlooks to sovereigns with a rating of CCC+ and below.
Pakistan
WebJul 19, 2024 · Fitch said the political volatility could undermine the fiscal and external adjustment, especially in the environment of slowing economic growth and high inflation, which stood at 21.3% in June. WebSep 21, 2024 · Fitch Solutions has projected Pakistan’s economy would grow by 4.2% in the current fiscal year 2024-22 (July-June), considering that the government and the private sector are determined to ramp ... cheesecake im glas backen
Fitch downgrades Pakistan’s rating citing ‘worsening liquidity, …
WebOct 21, 2024 · Global ratings agency Fitch cut Pakistan’s sovereign credit rating on Friday by a notch to ‘CCC+’ from ‘B-’, citing further deterioration in the country’s external liquidity and funding... WebJul 30, 2024 · By ANI ISLAMABAD: Citing the country's weakening economic position, Moody's, then Fitch, and now S&P Global - three major global rating agencies have downgraded Pakistan's long-term rating from... WebSep 21, 2024 · Pakistan’s export growth expected to come in at 6.0%, says Fitch Fitch Solutions maintains forecast for the Pakistani economy to record real GDP growth of 4.2% in FY2024-22. flea control madison county