Pakistan moving on path to progress, development: Pervaiz

Pakistan moving on path to progress, development: Pervaiz
News Update Pakistan LAHORE: Federal Minister for Information, Broadcasting National Heritage Senator Pervaiz Rashid Saturday said the government in its first three years had put Pakistan  on path to progress and development and it was now moving forward (News Update). Pakistan of 2016, he also said, was far better than that of 2013 when the PML-N government came into power, and it would... Read More

Declining textile exports credit naegative for banks: Moodys

Declining textile exports credit naegative for banks: Moodys
KARACHI: Moodys investors services has termed decline in textile exports credit negative for Pakistan’s banks. “Declining textile exports would threaten their asset quality and comes from a sector that is already burdened with a high stock of problematic debt,” said a Moodys report Thursday. Last Monday, the State Bank of Pakistan released data showing that textile exports in July decreased 14... Read More
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