KARACHI: If the macroeconomic situation in Pakistan stabilises after the resumption of the International Monetary Fund (IMF) programme, there will be more initial public offerings in 2022. “Though, there are a few IPOs [initial public offerings] in [the] pipeline, as companies plan to expand their capacities, the outlook on IPOs will depend on the overall … Read more
Fitch Ratings has downgraded the outlooks of more than 20 Turkish banks just weeks after Ankara appointed a new finance minister, Arab News reported. Nureddin Nebati was appointed treasury and finance minister on December 2 by President Erdogan and has taken the reigns of an ailing economy marred by a tanking currency. Fitch said on Friday: “The … Read more
ISLAMABAD: Prime Minister Imran Khan has said that Pakistan’s macroeconomic indicators are stable and expressed confidence that by the end of the fiscal year, the economy will grow at a higher rate, compared with the previous year. He expressed these views, while chairing a meeting of the Macro Economic Advisory Group. Imran Khan said the … Read more
