external

Fitch improves the Pakistan credit rating to “B-” on improved external and external measures Blogging Sole

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Fitch improves the Pakistan credit rating to “B-” on improved external and external measures Blogging Sole

The Fitch Ratings logo is seen in their offices at the Wharf Financial District Canary in London, Great Britain, March 3, 2016. – Reuters Fitch Ratings has improved the long-term long-term transmitter of Pakistan in the long term “B-” of “CCC +”, citing improved budgetary consolidation, stabilizing external account and stronger macroeconomic policies. The perspectives … Read more

Forex reserves held by SBP increases, but external financing problems persist Blogging Sole

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Forex reserves held by SBP increases, but external financing problems persist Blogging Sole

Battery of us, a hundred dollars tickets are visible in this image illustration. – Reuters Foreign foreign reserves in the country in the country are $ 15.95 billion. Trade banks’ dollars reserves amounted to $ 4.75 billion. Refunds of external debt exert pressure on Forex’s reserves. The exchange reserves, owned by the State Bank of … Read more

Pakistan owes 92% of the external debt to three sources Blogging Sole

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Pakistan owes 92% of the external debt to three sources Blogging Sole

Tickets in US dollars are seen in this illustration taken on July 17, 2022. – Reuters Among the bilateral creditors of Pakistan, China is at the top. More than half of Pakistan’s external debt comes from multilaterals. Public external debt increased by $ 2.5 billion during the 2010s. Islamabad: approximately 92% of Pakistan’s external debt … Read more

SBP Governor Says External Debt Remains Stable Over Last 2.5 Years Blogging Sole

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SBP Governor Says External Debt Remains Stable Over Last 2.5 Years Blogging Sole

SBP Governor Jameel Ahmad addresses a press conference in this undated photo. — AFP/File Ahmed says the country’s actual external debt stands at over $100.08 billion. “Controlling external accounts to pave the way for economic growth.” The SBP governor expects remittances to exceed $35 billion this year. KARACHI: State Bank of Pakistan (SBP) Governor Jameel … Read more

FinMin excludes the use of “growth accelerators” to avoid external pressures Blogging Sole

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FinMin excludes the use of “growth accelerators” to avoid external pressures Blogging Sole

Finance Minister Muhammad Aurangzeb speaks during an interview in his office in Islamabad on July 19, 2024. — Reuters ISLAMABAD: Forecasting a strong current account surplus this year, Finance Minister Mohammad Aurangzeb on Monday ruled out any desperate measures that risked undue external pressure, thereby preserving hard-won economic gains. “Three years ago, the government stepped … Read more