Tag: Islamabad

Pak Forced To Outsource Islamabad Airport Due To Forex Crisis: Report

Pak Forced To Outsource Islamabad Airport Due To Forex Crisis: Report

Pakistan has been pushing for outsourcing operations of airports (Representational)Islamabad: Amid the continuously depleting forex reserves, the Gove [...]
‘Fitch’ Dark for Pak: Cash-Strapped Islamabad Downgraded to ‘CCC-‘ Amid Risks, Low Forex Reserves

‘Fitch’ Dark for Pak: Cash-Strapped Islamabad Downgraded to ‘CCC-‘ Amid Risks, Low Forex Reserves

Fitch Ratings has downgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC-‘, from ‘CCC+’. There is no Outlook assigned, a [...]
In Pakistan, essential item containers held up at Karachi port amid forex crisis

In Pakistan, essential item containers held up at Karachi port amid forex crisis

In what may appear to be a worst-case scenario for Pakistan, thousands of containers packed with essential food items, raw materials, and medica [...]
World News | Pakistan: SBP’s Forex Reserves Dwindle to USD 4.5 Billion, Islamabad Left with Import Cover of Only Under a Month

World News | Pakistan: SBP’s Forex Reserves Dwindle to USD 4.5 Billion, Islamabad Left with Import Cover of Only Under a Month

Islamabad [Pakistan], January 8 (ANI): Amid a severe economic crunch, foreign exchange reserves held by the State Bank of Pak [...]
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