KARACHI: Pakistan has averted the potential risk of rating downgrade by Moody’s Investor Service that now bets on a lower probability of the country default on foreign debts from private sector creditors amid the coronavirus shock.
Moody’s on Saturday confirmed the country’s B3 local and foreign currency issuer and senior unsecured debt ratings with a stable outlook. Concurrently, it also confirmed the B3 foreign currency senior unsecured ratings for The Third Pakistan International Sukuk Co Ltd.
ICSID Tribunal decides to proceed with adjudication on quantum of amounts owed to Bayindir by Pakistan
Establishment Division issues official notification of orders
Food Department of Azad Kashmir expressed fear of public protest over poor quality of flour
Four-week domain-specific programme will start from November 25 at the National Police Academy, Islamabad
Pakistan is ready to collaborate with private sector and international partners to develop carbon markets, says Romina
Data shows that electricity purchases by country’s power distribution companies dropped by 10.85%
