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Islamabad

Moody’s upgrades Pakistan’s ratings to Caa2

Islamabad: Global rating agency Moody’s has upgraded Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to Caa2 from Caa3.

According to the one of the top international rating agencies, the upgrade to Caa2 reflects Pakista…

PM approves transfer of NESPAK from Power to Cabinet Division

Islamabad: Right-sizing continues in the institutions by the federal government, it has been decided to transfer the control of NESPAK, a subsidiary of the Power Division, to the Cabinet Division.

The Prime Minister gave green signal for transferring…