Fitch upgrades Pakistan’s credit rating to B-, says economy stable
PM Shehbaz, finance minister welcome upgrade, express satisfaction
PM Shehbaz, finance minister welcome upgrade, express satisfaction
Move comes as Islamabad remains under pressure from IMF to broaden its tax base
Govt plans to expand tax base by bringing retailers, wholesalers, other informal sectors into tax net
Prices of 14 items become expensive, 11 show reductions, 26 items remain stable
Bank says country has also made notable progress in tax and energy sector reforms
Minister stresses economic stability achieved in terms of forex reserves, exports, inflation control
Global lender delegation to hold talks with Pakistan's key 30 departments
Prime minister forms high-level committee, specialized working group to tackle US tariff
Pakistan and IMF have already reached a staff-level agreement, paving way for disbursement of a $1b loan tranche