Science & Technology

Welcome to NEWSFLASH, Your News link to Pakistan and beyond . . .
 

Business News

Newsflash
 

 

Subscribe to Time magazine in Pakistan

 

Pakistan's premier  website that covers current affairs and news.

Pakistan Foreign Affairs Magazine

Entrepreneur magazine subscription

House Beautiful magazine subscription

 

Daewoo Pakistan on the verge of collapse?

 

Pakistan & Gulf Economist

 

 

 

 

 

S&P cuts Pakistan's credit rating to 'B-' from 'B'; keeps stable outlook

In S&P's system, B- is six steps below an investment grade rating.

     

S&P maintained Pakistan's rating outlook at "stable", adding that it reflects expectations the country will secure sufficient financing to meet its external obligations over the next 12 months, and that neither external nor fiscal metrics will deteriorate well beyond the current projections.

Pakistan is set to receive a $3 billion loan package from the United Arab Emirates (UAE) in-order to help bridge a yawning current account deficit and shore up foreign reserve

S&P noted that "while Pakistan has secured financial aid from bilateral partners to address its immediate external financing needs, we believe that fiscal and external imbalances will remain elevated".

 

Pakistan & Gulf Economist Magazine Subscription in Islamabad

Friday Times

The ratings agency said that the government's protracted negotiations with the International Monetary Fund (IMF) suggest that the resulting reforms will be less "expedient" than previously anticipated.

 

Fitch in December downgraded Pakistan's long-term foreign currency issuer default rating to 'B-' from 'B', citing a rise in external financing risk from low reserves and high external debt repayments, along with a continued deterioration in the economy's fiscal position.

HBR Subscription Pakistan

Bloomberg Businessweek

 

 

February 5, 2019

Why steel prices are falling?

Exports in Pakistan decline after government refuse to lower oil prices

 (Fortune magazine - subscribe now in Pakistan)

 

Malala Yousafzai: Pakistan's prodigal daughter

Malala among Time100: the most influential persons 2014 (April 29, 2014)

Malala Yousafzai and Pakistan's softer image (October 10, 2012)

Angelina Jolie on Malala Yousafzai (October 16, 2012)

 

Share your views at myopinion@newsflash.com.pk

 


 


Copyright 2006 the Newsflash All rights reserved

This site is best viewed at 1024 x 768