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Home Articles SBP
Credit agency Fitch downgrades Pakistan to CCC+ from B- \
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Credit agency Fitch downgrades Pakistan to CCC+ from B-

 21-Oct-2022
Islamabad [Pakistan], October 21 (ANI): Fitch Ratings on Friday downgraded Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC+' from 'B-' amid country's political volatility and deteriorating economy.
21-Oct-2022 World
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Ishaq Dar’s economics for pakistan: Temporary relief, permanent damage, says report \
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Ishaq Dar’s economics for pakistan: Temporary relief, permanent damage, says report

 09-Oct-2022
Islamabad [Pakistan], October 9 (ANI): Newly appointed Pakistan Finance Minister Ishaq Dar may seem to be the problem solver but his short-term plan, in this economic situation, will create distortions and worsen the structural imbalances.
09-Oct-2022 World
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Floods in Pakistan cause economic loss to the tune of USD 12.5 billion \
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Floods in Pakistan cause economic loss to the tune of USD 12.5 billion

 05-Sep-2022
Islamabad [Pakistan], September 5 (ANI): The estimated economic loss to Pakistan from floods has increased from USD 10 billion to USD 12.5 billion.
05-Sep-2022 World
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Pakistan appoints new State Bank governor \
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Pakistan appoints new State Bank governor

 28-Aug-2022
Islamabad [Pakistan], August 28 (ANI): Amid dwindling foreign reserves and the country's ongoing deal with the International Monetary Fund (IMF), Pakistan appointed Jameel Ahmad as the new governor of the State Bank of Pakistan (SBP) for the next five years.
28-Aug-2022 World
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Pakistan forex reserves decline by over USD 2 bln \
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Pakistan forex reserves decline by over USD 2 bln

 12-Aug-2022
Karachi [Pakistan], August 12 (ANI): As Pakistan's economy continues to remain in doldrums, the country's foreign exchange reserves declined by over USD 2 billion during the first 5 weeks of this fiscal year due to massive external debt servicing.
12-Aug-2022 World
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Pakistan takes U-turn, resumes imports of luxury items \
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Pakistan takes U-turn, resumes imports of luxury items

 30-Jul-2022
Islamabad [Pakistan], July 30 (ANI): In a reversal of its earlier ban on the import of luxury items, Pakistan's federal cabinet on Saturday approved a decision by an economic committee to unban the imports, media reports said.
30-Jul-2022 World
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Pak: Business community warns of Sri Lanka-like crisis as rupee in freefall \
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Pak: Business community warns of Sri Lanka-like crisis as rupee in freefall

 21-Jul-2022
Karachi [Pakistan], July 21 (ANI): As the dollar touched an all-time high of 224.92 against the Pakistani rupee, the business community gathered at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to analyse the looming threat of a Sri Lanka-like economic emergency.
21-Jul-2022 World
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Fitch downgrades Pakistan’s outlook from stable to negative \
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Fitch downgrades Pakistan’s outlook from stable to negative

 19-Jul-2022
Islamabad [Pakistan], July 19 (ANI): Amid renewed political volatility, the Fitch Ratings agency on Tuesday downgraded Pakistan's outlook from stable to negative.
19-Jul-2022 World
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State Bank of Pakistan says inflation in country to stay high for a year \
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State Bank of Pakistan says inflation in country to stay high for a year

 08-Jul-2022
Islamabad [Pakistan], July 8 (ANI): Inflation in the country will remain in the range of 18-20 per cent this fiscal year, according to the State Bank of Pakistan (SBP).
08-Jul-2022 World
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Macroeconomic imbalances likely to affect Pakistan’s growth prospects \
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Macroeconomic imbalances likely to affect Pakistan’s growth prospects

 30-Jun-2022
Islamabad [Pakistan], June 30 (ANI): Pakistan achieved economic growth of 5.97 per cent in FY2022, but the underlying macroeconomic imbalances associated with domestic and international risks might affect the growth prospects, Pakistan media reported.
30-Jun-2022 World
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