longterm

Planning ministry forms high-level policy board to devise long-term economic strategies D_Trends

by
Planning ministry forms high-level policy board to devise long-term economic strategies D_Trends

Federal Minister for Planning Ahsan Iqbal chairs the first meeting of Planning Commission’s policy board on September 6, 2024. — Screengrab via Ministry of Planning, Development and Special Initiatives ISLAMABAD: The federal government has constituted a high-level policy board headed by Planning Minister Ahsan Iqbal aimed to “enhance transparency and improve the economic planning process … Read more

Pakistan’s long-term growth capped by weak democracy, geopolitics: report D_Trends

by
Pakistan’s long-term growth capped by weak democracy, geopolitics: report D_Trends

Pakistan’s economic growth is set to rise gradually in the long run, though the nation’s inability to tackle deeper structural issues like corruption and reduced geopolitical relevance could limit the upside, according to Bloomberg Economics. The potential growth rate — the pace at which an economy can advance without fueling any additional inflation pressure — … Read more

Fitch upgrades WAPDA’s long-term foreign-currency rating to ‘CCC+’ D_Trends

by
Fitch upgrades WAPDA’s long-term foreign-currency rating to ‘CCC+’ D_Trends

Fitch Ratings has upgraded Pakistan Water and Power Development Authority’s (WAPDA) Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’, from ‘CCC’.  Fitch typically does not assign outlooks to issuers with a rating of ‘CCC+’ or below due to the high volatility of these ratings. The entity’s IDR reflects Fitch’s rating definition of a low margin … Read more