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outlook

Moody’s retains Pakistan’s rating with stable outlook

NEW YORK: Moody’s Investors Service has confirmed Pakistan’s B3 local and foreign currency issuer and unsecured debt ratings with a stable outlook. On 14th May 2020, Moodys had decided to review Pakistan for downgrade but had retained the ratings. This

Economic stability reaffirmed

After Moodys raised Pakistan’s economic outlook to stable last month, another top rating credit agency Fitch has reaffirmed the country’s long-term rating with a stable outlook. The improvements in Pakistan’s economy have now been realized by two of the top

Fitch affirms Pakistan’s credit rating at B- with stable outlook

NEW YORK: International credit rating agency Fitch has affirmed Pakistan’s sovereign credit rating at B- with a stable outlook. In a press release issued on Monday, the agency took note of progress being made towards strengthening external finances and positive

Moody’s downgrades Britain debt outlook to negative

LONDON: Credit ratings agency Moody’s has downgraded the outlook for Britain’s debt, citing mounting policy challenges amid the Brexit debate. The agency cut the outlook to negative from stable but kept the debt at the investment grade Aa2. The ratings

‘Precarious’ global economic outlook

The world economy is slowing to its weakest pace since the global financial crisis. This was the gloomy forecast by the IMF during its annual meeting being held in Washington. The global financial institution stated that global outlook remains ‘precarious’

Global economic outlook ‘precarious,’ warns IMF

WASHINGTON: The world economy is slowing to its weakest pace since the global financial crisis, as the US-China trade war and other factors like Brexit undercut business confidence and investment, the IMF said on Tuesday. It warned that the outlook