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Floods and the relief package | Political Economy

Flood-related losses will affect the industrial output. The shortage caused due to the loss of local cotton would need to be bridged by importing it

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Credit agency Fitch downgrades Pakistan to CCC from B-

Fitch Ratings on Friday downgraded Pakistan Long-Term Foreign-Currency Issuer Default Rating (IDR) to CCC from B- amid country political volatility and

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Fitch Downgrades Pakistan s Sovereign Credit Rating to CCC+ from B-

Fitch Downgrades Pakistan s Sovereign Credit Rating to CCC+ from B-
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Fitch downgrades Pakistan to CCC+ as liquidity, policy risks weigh

Agency flags worsening liquidity and policy risks as the main reasons behind the downgrade

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Fitch downgrades Pakistan s rating to CCC+

One of the key factors is the decline of foreign exchange reserves due to devastating floods

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