Fitch Ratings

Rating agency cautions another potential flood or natural disaster could pose significant threat to fragile economy

Says financial health will improve in FY25, albeit ‘at a cost to growth’

Pakistan’s FY25 budget aims to cut government debt to 68% of GDP, aided by inflation and lower interest costs.

KSE-100 index surges 586.78 points, settles at 60,459.74

Says new deal to succeed SBA expiring in March key to country’s credit profile

Agency affirms ‘CCC’ rating for Pakistan that reflects high funding risks

Agency says ‘CCC’ rating reflects high external funding risks amid high medium-term financing requirements

Agency says country still remains in ‘very high credit risk’ category

New rating indicates country is managing high risk of default on its foreign debt

Rating agency says it sees GDP growth to decelerate to about 2% in FY23 from 6% in FY22

The ratings agency affirms country’s ‘Long-Term Foreign-Currency Issuer Default Rating at B-'

Keeps in view govt, private sector’s determination to ramp up spending

Benchmark KSE-100 index edges up 37.06 points to settle at 42,022.25

Fitch Ratings says a possible dip in foreign inflows, higher need for financing may hit credit ratings

Keeps outlook stable, anticipates surge in foreign exchange reserves

Fitch anticipates economic shock will make meeting FY21 targets challenging

Fitch Ratings says Pakistan has taken steps to address external sector, fiscal and debt issues

IMF board decides to take up country’s request for $6b loan on July 3 for decision

Ratings agency official says CPEC may be a point of discussion in IMF negotiations