Fitch revises outlook on Pakistan’s ratings to negative

[Ryuzaki]

KARACHI:
Fitch Ratings has announced that it has revised the outlook on Pakistan’s long-term foreign and local currency issuer default ratings to negative from stable and has affirmed ‘B’ rating for both the categories.

In an assessment released on its website on Thursday, Fitch – one of the three big credit rating agencies – said it revised the outlook because since the completion of Pakistan’s three-year International Monetary Fund (IMF) Extended Fund Facility in September 2016, there had been a partial reversal of gains made under the programme.

In particular, foreign currency reserves of the country have declined and fiscal deficit has widened.

https://tribune.com.pk/story/1618152/2-fitch-revises-outlook-pakistans-ratings-negative/

 

[AZADPAKISTAN2009]

How is the stars rating for Indian debt climbing up really fast
Indian debt figures mysteriously vanished form internet after 2014 google

Just go run to Modi and ask how much he owes ?now in 2018

If anyone can find India's current debt please share becasue that Google CEo just told his monkeys to hide the anti India data from searches

 

[Thanatos]

KARACHI:
Fitch Ratings has announced that it has revised the outlook on Pakistan’s long-term foreign and local currency issuer default ratings to negative from stable and has affirmed ‘B’ rating for both the categories.

In an assessment released on its website on Thursday, Fitch – one of the three big credit rating agencies – said it revised the outlook because since the completion of Pakistan’s three-year International Monetary Fund (IMF) Extended Fund Facility in September 2016, there had been a partial reversal of gains made under the programme.

In particular, foreign currency reserves of the country have declined and fiscal deficit has widened.

https://tribune.com.pk/story/1618152/2-fitch-revises-outlook-pakistans-ratings-negative/

Interesting . Things will catch up post election.

 

[randomradio]

How is the stars rating for Indian debt climbing up really fast
Indian debt figures mysteriously vanished form internet after 2014 google

Just go run to Modi and ask how much he owes ?now in 2018

If anyone can find India's current debt please share becasue that Google CEo just told his monkeys to hide the anti India data from searches


View attachment 450097

You can get it from RBI's website.

https://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=40918
At end-March 2017, India’s external debt was placed at US$ 471.9 billion, recording a decline of US$ 13.1 billion over its level at end-March 2016

The government's debt is only $96B.

 

[Safriz]

Thats good, because our corrupt politicians wont be able to take loans on country's name.

 

[jetray]

just told his monkeys to hide the anti India data from searches

hmm, how did you find that out?

 

[Khanate]

Economic hit man.

 

[jinn_baba]

Now you can have a good night sleep knowing that Pakistan’s rating is negative.

 

[Chak Bamu]

Nothing abnormal or exciting. This was expected due to balance of payments situation and sluggish exports. The situation would reverse as Pakistan Rupee is made to depreciate over the next few months.

I do not understand why there is a thread for this 'news'.

 

[UnitedPak]

I do not understand why there is a thread for this 'news'.

This is literally all his posts in the economy forum. Day in, day out.
It's becoming sad to point out just how sad it is.

 

[Trango Towers]

It's OK....China is their friend!!

And didn't Moody's and Fitch get caught for manipulation of ratings...only a dumb Indian will come up with that. Additionally look at America ratings vs it's revenue and debt. Does that make sense?

 

[egodoc222]

And didn't Moody's and Fitch get caught for manipulation of ratings...only a dumb Indian will come up with that. Additionally look at America ratings vs it's revenue and debt. Does that make sense?

That is what I'm trying to say dumbo...Pakistan shouldn't care even if they are given c--- bcoz they you have 'China'...