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PACRA Reaffirms Stability Rating for Pak Qatar Khalis Bachat Plan

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pak Qatar Khalis Bachat Plan under the Pak Qatar Islamic Income Fund. The long-term rating remains at A(f), with a stable outlook.

According to Pak...

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PACRA Maintains AAA Rating for WAPDA Dasu TFC-D, Citing Strategic Importance and Government Support

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upheld the AAA rating for the WAPDA Dasu TFC-D, a debt instrument, underscoring the strategic significance of the Pakistan Water and Power Development Authority (WAPDA) as the country's pri...

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PACRA Affirms AAA Rating for WAPDA’s Sukuk Amid Progress on Dasu Hydropower Project

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the AAA rating for the Pakistan Water and Power Development Authority's (WAPDA) Sukuk issued in May 2017. The rating underscores WAPDA's strategic significance in developing Paki...

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November 2024 CPI Reaches 4.9%, Lowest in Over Six Years

Karachi: Inflation in November 2024 registered a Consumer Price Index (CPI) of 4.9%, the lowest reading in over six and a half years. This marks a significant drop from the 28.6% average recorded in the first five months of the previous fiscal year, b...

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UBG Calls for 500 Basis Points Cut in Policy Rate Amid Declining Inflation

Karachi: Declining inflation rates have prompted the United Business Group (UBG) to advocate for a substantial reduction in policy rates, a move they believe will stimulate economic growth. SM Tanveer, the patron-general of UBG, has urged the governme...

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Pakistan’s Chemical Industry Maintains Growth Despite Challenges

Lahore: The chemical industry in Pakistan, despite facing significant challenges such as global competition and insufficient government policy support, continues to grow robustly, CEO of Surfachem and Vice President of the Pakistan China Joint Chamber...

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