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Fitchs International Public Finance

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Terror financing watchdog decides to keep Pak in 'Grey' list

The FATF continuing Pakistan in the 'Grey' list means its downgrading by the International Monetary Fund, the World Bank, the Asian Development Bank, the European Union and also a......

Pak failed to contain terror funding: FATF members

The United States, the United Kingdom and France are some prominent countries to have voiced concern over Pakistan's failure to do enough to contain terror funding in its soil and not registering......

FATF retains Pakistan in Grey List; warns of action

Putting Pakistan on notice, the international terror financing watchdog Financial Action Task Force (FATF) on Friday warned it will be blacklisted if it does not control terror funding by February......

Pak fails to implement 25 of 27 FATF action points

Pakistan has failed to complete 25 of the 27 action points given by the international terror financing watchdog Financial Action Task Force (FATF) to check funding to terrorist groups such as......

Fitch affirms Indian forex, local debt ratings

Global agency Fitch Ratings on Tuesday retained India's long-term foreign and local currency ratings at the speculative grade, saying that while the country's external account had improved, local......

High deficit hurting India rating: Fitch

International rating agency Fitch said on Tuesday the change in India's sovereign rating is constrained by the high level of fiscal deficit and its review will be done after the budget for 2005-06......

India's 'less aspiring' fiscal consolidation strategy negative for ratings: Fitch

India's budget could have been more ambitions on the fiscal front, especially given a high public debt burden, and the less aspiring fiscal consolidation strategy is negative for ratings, an......

Bank reforms positive but implementation a risk, says Fitch

The government's move to set up a Banks Board Bureau would improve corporate governance standards at 27 state-run banks, but lack of details would raise questions about their implementation,......

12th year in a row, Fitch keeps India sovereign rating unchanged

Fitch had last upgraded India's sovereign rating from BB+ to BBB- with a stable outlook on August 1, 2006. Refusing to upgrade India's credit rating for the 12th year in a row, Fitch on Thursday......

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