Prime Minister Shehbaz Sharif chairs a meeting in Peshawar on March 6, 2024. — PIDEfforts underway to make the country’s economy strong, says PM.Pakistan continues condemning all atrocities against Lebanon: PM.PM Shehbaz says efforts afoot to de-escalate situation in Mideast.
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Fitch maintains Pakistan at ‘B-‘ under revised sovereign criteria
The offices of Fitch Ratings building in London, Britain, May 27, 2020. — ReutersFitch affirms Pakistan’s long-term instruments at ‘B-‘.Agency assigns ‘RR4’ recovery rating and removes UCO.Debt trajectory and external liquidity pressures remain key risks.<p…
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Washington slaps new US tariffs on drugs, trucks and furniture
A US flag flutters near shipping containers as a ship is unloaded at the Port of Los Angeles, in San Pedro, California, US on May 1, 2025. — ReutersPresident Trump cites national security for new round of tariffs.Shares of pharmaceutical firms from Hong Kong to India slide.100%…
Pakistan clears $3.45bn UAE deposits with final $1bn repayment
A moneychanger counts $100 banknotes at an exchange company. — Reuters/FileRepayments include 6% interest on UAE deposits.Saudi Arabia extends $3bn deposit maturity support.External financing gap likely to widen after repayments.
The State Bank of Pakistan said on Friday it had…