Prolonged tension to hurt Pakistan's economy: Moody's
Monday, 5 May 2025 () Moody's Rating warns that escalating tensions with India could negatively impact Pakistan's growth, fiscal stability, and macroeconomic situation. Pakistan's weak fundamentals and reliance on IMF bailouts make it vulnerable. While Pakistan's economy shows signs of improvement, persistent tensions could strain its foreign exchange reserves and access to external financing. In contrast, India's economy is expected to remain stable, with minimal disruption due to limited economic ties with Pakistan.
Pakistan has conducted a training launch of its Abdali short-range ballistic missile, which boasts a strike range of 450 kilometers. The missile test, carried out under the ambit of the Army Strategic Forces Command, is seen as a provocative move amid rising tensions with India. In response, India...
In a powerful response to the recent terrorist attack in Pahalgam that claimed 26 lives, India has escalated its diplomatic and strategic actions against Pakistan. As part of suspending cooperation..
A 4.2 magnitude earthquake hit Pakistan on Monday, with tremors being felt all across the nation. While no casualties have been reported yet, authorities are accessing any damage. This is the 2nd..
As Indo-Pak tensions escalate after the Pahalgam terror attack, Iranian Foreign Minister Abbas Araghchi lands in Pakistan to push for de-escalation. Tehran has offered mediation between India and..