Pakistan and Kuwait are poised to ink seven Memorandums of Understanding (MoUs), paving the way for investments worth $10 billion in Pakistan.The federal cabinet, in its recent meeting, approved these agreements which covered the environment, mining, …
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Pakistan is Extremely Vulnerable to Balance of Payment Crises, India Resilient: Moody’s
Pakistan is the most vulnerable to balance of payment (BOP) crises among the South Asian sovereigns, says Moody’s Investors Services (Moody’s).The rating agency in its latest report ‘Sovereigns – South Asia Low trade openness fuels vulnerability to sh…
IMF Wants to Tax Pakistan’s Agriculture, Real Estate and Retail Sectors
Negotiations on the first review of Pakistan’s $3 billion Standby Arrangement have turned up the heat as the International Monetary Fund (IMF) has called for the imposition of taxes on the retail, real estate, and agricultural sectors, Federal Bureau …
MSCI Semi-Annual Index Review Likely to be Positive for Pakistan
Brokerage house, Topline Securities, on Wednesday said that it expects the MSCI Semi-Annual Index Review to be positive for Pakistan.MSCI will be releasing the results of the MSCI Semi-Annual review announcement on November 14. The changes to the MSCI…
Rupee Falls 13th Day in a Row Against US Dollar
The Pakistani rupee fell 13th day in a row against the US Dollar today after opening trade at 282.5 in the interbank market.At 11:30 PM, it was stable, treading the 284-285 level against the greenback.Later, the interbank rate dropped to 286 between 1…