The rating agency’s decision is driven by Pakistan’s heightened external vulnerability risk and uncertainty around its ability to secure adequate additional external financing.
When Pakistan goes bankrupt in a few months, China could be looking for an alternative route to ports in the Indian Ocean. Can Delhi alter the South Asian geopolitics?
PM Shehbaz Sharif said that a life of debt is no life. But a look at the history of Pakistan’s loans suggests his predecessors perhaps lacked economic wisdom.
Like physical capital, a lot of intellectual capital-related business ventures in Pakistan die because the laws required to facilitate them are not present.
The proposal will be mentioned in Pakistan federal government’s annual budget for the year starting 1 July, by when it targets to achieve a growth rate of 4.8%.
Islamabad: Pakistan is showing signs of business activity picking up at a faster clip, as worries about new coronavirus infections fade in an economy...
Barring her first two Budgets, Nirmala Sitharaman has always ended the year with either a lower fiscal deficit figure than what she had projected or by adhering to the target.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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