SINGAPORE: Moody’s Investors Service on Wednesday affirmed Pakistan’s B3 rating’s outlook was changed to negative from stable. A report issued by Moody’s International stated that the decision to change the outlook to negative was driven by the heightened external vulnerability risk. According to the report, Pakistan’s forex reserves had fallen to the lowest level, with […]
GDP
GDP grew 5.8pc in FY 17-18, claims Ahsan Iqbal
Minister for Planning and Development Ahsan Iqbal on Thursday claimed that the gross domestic product (GDP) grew at a rate of 5.8 percent over the past year, narrowly missing the government’s target of at least 6pc. Ahsan, along with Prime Minister’s Adviser on Finance Miftah Ismail, was addressing a press conference to unveil the Economic Survey […]