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Tag: fiscal deficits

Wall Street
Latest
  • Reuters
  • May 19, 2025
Wall St drops, Treasury yields rise after Moody’s downgrade

Moody’s cut the US sovereign credit rating to “Aa1” from “Aaa” late on Friday, becoming the last of the three major credit rating agencies to downgrade the country.

The Asian Development Bank (ADB) unveiled a substantial aid package for Pakistan, pledging $6 billion over the next three years.
Latest
  • Web Desk
  • Oct 10, 2024
Asian Development Bank commits $6 billion aid package

Around $2.8 billion of the total amount will be provided under soft term, allowing lower interest rates and extended repayment schedules. 

Latest

  • Web Desk
  • 26 Minutes ago
PM Sharif, Iranian President Pezeshkian begin high-stake bilateral talks
Army chief meets Iranian president, discusses regional stability
  • Web Desk
  • 1 Hour ago
Army chief meets Iranian president, discusses regional stability
Khawaja Asif defends comments on AJK unrest
  • Web Desk
  • 2 Hours ago
Khawaja Asif defends comments on AJK unrest
AJK court restores PTI registration, allows candidates to contest under bat symbol
  • Web Desk
  • 2 Hours ago
AJK court restores PTI registration, allows candidates to contest under bat symbol
US signs off on release of $12bn in Iranian assets, says Qalibaf
  • Web Desk
  • 3 Hours ago
US signs off on release of $12bn in Iranian assets, says Qalibaf
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