LAHORE: The National Electric Power Regulatory Authority (NEPRA) has disclosed that high electricity costs were one of the contributing factors to the decline of the economic growth rate to a mere 0.29% in the financial year 2022-23. According to NEPRA’s State of the Industry Report 2023, the high cost of electricity in Pakistan has emerged as a critical challenge affecting all segments of soci
Moody's Investors Service has upgraded the outlook of Pakistan's banking sector from 'negative' to 'stable', citing easing macro challenges and fiscal pressures. In its report, the agency highlighted the solid profitability and stable funding of banks, which provided a buffer against the country's macroeconomic challenges and political uncertainties. The report forecasts a modest growth of 2
Moody's Investors Service has upgraded the outlook of Pakistan's banking sector from 'negative' to 'stable', citing easing macro challenges and fiscal pressures. In its report, the agency highlighted the solid profitability and stable funding of banks, which provided a buffer against the country's macroeconomic challenges and political uncertainties. The report forecasts a modest growth of 2
Moody's Investors Service has upgraded the outlook of Pakistan's banking sector from 'negative' to 'stable', citing easing macro challenges and fiscal pressures. In its report, the agency highlighted the solid profitability and stable funding of banks, which provided a buffer against the country's macroeconomic challenges and political uncertainties. The report forecasts a modest growth of 2
Moody's Investors Service has upgraded the outlook of Pakistan's banking sector from 'negative' to 'stable', citing easing macro challenges and fiscal pressures. In its report, the agency highlighted the solid profitability and stable funding of banks, which provided a buffer against the country's macroeconomic challenges and political uncertainties. The report forecasts a modest growth of 2