Pakistan continues to make headway in restoring economic stability: Fitch

Pakistan continues to make headway in restoring economic stability: Fitch

Estimates foreign exchange reserves set to outperform targets under IMF $7bn deal and its previous forecasts.

Pakistan Making Steady Progress in Restoring Economic Stability: Fitch

Fitch Ratings has recognized Pakistan’s steady improvement in economic stability, highlighting key reforms as essential for future IMF reviews and continued financial support from external sources. Pakistan has made significant progress in controlling inflation, lowering interest rates, and maintaining a positive balance in its current account. These efforts have helped strengthen the country’s economy. Additionally, Pakistan’s foreign exchange …

Fitch Ratings: Pakistan Advancing Towards Economic Stability - The Financial Daily

Pakistan is making notable progress in restoring economic stability and strengthening its external reserves, according to a report by Fitch Ratings released on Thursday. The agency emphasized that structural reforms will be crucial for upcoming IMF programme reviews and securing long-term financial support from global lenders. Key Economic Indicators Show Positive Trends One of the key indicators of economic progress is the State Bank of Pakista…

Pakistan’s making way towards economic stability, Fitch Ratings

Pakistan’s making way towards economic stability, Fitch Ratings stated as structural economic reforms remain essential. Fitch Ratings stated on Thursday that Pakistan has made notable strides in restoring economic stability and bolstering its foreign exchange reserves. The agency emphasized that implementing structural reforms remains essential for upcoming International Monetary Fund (IMF) reviews and securing ongoing financial assistance from …

Fitch projects 3 per cent growth for Pakistan amid easing interest rates

ISLAMABAD: Pakistan’s economy is on track to grow by 3.0 per cent in the fiscal year 2025, according to a new report from Fitch Ratings. This positive outlook is largely due to stabilising conditions and a drop in interest rates. Over the past year, the country has made progress in restoring economic balance and strengthening its financial reserves, creating room for gradual recovery. In a sign of improving business confidence, credit to the pri…