WebFeb 15, 2024 · Fitch downgraded Pakistan’s long-term foreign currency issuer default rating (IDR) to CCC- from CCC+, citing further worsening in liquidity and policy risks. …
Pakistan Ratings & Research
WebFeb 14, 2024 · Fitch downgraded Pakistan’s long-term foreign currency issuer default rating (IDR) to ‘CCC-‘ from ‘CCC+’, citing further worsening in liquidity and policy risks. The downgrade reflected ... Worsening Liquidity, Policy Risks: The downgrade reflects further deterioration in Pakistan's external liquidity and funding conditions, and the decline of foreign-exchange (FX) reserves. This is partly a result of widespread floods, which will undermine Pakistan's efforts to rein in twin fiscal and current … See more Fitch's proprietary SRM assigns Pakistan a score equivalent to a rating of 'CCC+' on the Long-Term Foreign-Currency (LT FC) IDR scale. However, in accordance with its rating criteria, Fitch's … See more Pakistan has an ESG Relevance Score of '5' for political stability and rights, as WBGIs have the highest weight in Fitch's SRM and are therefore highly relevant to the rating and a key rating driver with a high weight. As … See more International scale credit ratings of Sovereigns, Public Finance and Infrastructure issuers have a best-case rating upgrade scenario (defined as the 99th percentile of … See more Numbers in parentheses accompanying applicable model(s) contain hyperlinks to criteria providing description of model(s). See more east indian descent
Fitch Ratings downgrades Pakistan to
WebFeb 14, 2024 · Pakistan stands to receive $3.5 billion from other multilaterals during the fiscal year. Fitch anticipates external public-debt maturities will remain high in the next fiscal year. WebFeb 15, 2024 · Fitch downgraded Pakistan’s long-term foreign currency issuer default rating (IDR) to ‘CCC-’ from ‘CCC+’, citing further worsening in liquidity and policy risks. … WebThe 2024-2024 Pakistan economic crisis is an ongoing economic crisis and part of 2024-2024 political unrest in Pakistan. It has caused severe economic challenges for months due to which food, gas and oil prices have risen. ... Also Fitch downgrades Pak's sovereign credit rating from CCC+ to CCC-. The New York-based ratings agency warned that a ... cult of chucky sequel return of chucky