Pakistan
Pakistan
Inflation in Pakistan could average 33% in first half of 2023, says Moody’s economist
Inflation in Pakistan could average 33% in the first half of 2023 before trending lower. However, a bailout from the…
Pakistan condemns Israel’s plan to legalize nine settlements
Pakistan has strongly condemned Israel's plan to legalize nine settlements in the occupied Palestinian territory of the West Bank. According…
Pakistani Chinese embassy briefly closes the consular section
China's embassy in Pakistan has temporarily closed down its consular division due to "technical issues." The Chinese embassy did not…
Fitch downgrades IRD ratings to CCC-
Fitch Ratings has downgraded Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) from "CCC" to "CCC-." According to a statement released…
High-ranking US delegation to visit Pakistan
US State Department Counselor Derek Chollet will lead a delegation to Pakistan this week as Washington and Islamabad seek to…
All pol parties must work together to address present crisis: BBZ
Foreign minister Bilawal Bhutto-Zardari urged all political parties to work together to address the nation's present issues. Bilawal stated during…
ECC approves 124% gas pricing hike under IMF prerequisite demand
The Economic Coordination Committee (ECC) of the Cabinet approved an increase of up to 124% in gas prices across the…
Remittances from Pakistani workers fall to a 31-month low
As a result of the dollar cap, which the government had previously established to fix the rupee's exchange rate against…
Before virtual IMF talks, the cabinet raises power tariffs, removes subsidies
The Federal Cabinet adopted a plan to hike electricity rates and eliminate subsidies before a virtual discussion with the International…