BISP 2025 New Program and Bank Updates
January 1, 2025
In a statement, Senator Rubina Khalid stated that the year 2025 is designated for the ‘Benazir Hunarmand Programme’, which aims to assist deserving persons in securing employment after training from various opportunities. BISP stands as one of the most significant social safety net initiatives in Pakistan, initiated in July 2008 with the objective of alleviating […]
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Fitch Upgrades Pakistan to CCC+ Amid IMF Deal Stable Outlook and Reduced Default Risk
July 31, 2024
S&P Global Ratings affirmed its ‘CCC+’ long-term sovereign credit rating and ‘C’ short-term rating on Pakistan. The outlook on the long-term rating is stable. The IMF deal is expected to bring improvement in foreign exchange reserves, which will help Pakistan to meet its debt obligations. However, Pakistan is still dependent on rollovers to maintain its […]
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