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...
Tensions between India and Pakistan have reached a boiling point after the recent terror attack in Pahalgam. In a chilling statement, Pakistan’s Ambassador to Russia has openly threatened the use of..
Imran Khan and Bilawal Bhutto’s X accounts have been blocked in India following a legal demand amid escalating tensions over the Pahalgam terror attack. This move comes as part of a broader series of..
Iran's Foreign Minister Abbas Araghchi is set to visit India and Pakistan this week amid soaring border tensions following the deadly terror attack in Pahalgam that killed at least 26. With India..
Monday, 5 May 2025 ()
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