ISLAMABAD: Global credit rating agency Moody’s has upgraded Pakistan’s credit rating by one notch, from Caa2 to Caa1, acknowledging improvements in the country’s external financial position. The outlook has also been revised from positive to stable, reflecting confidence in near-term stability. Moody’s attributed the upgrade to Pakistan’s progress in economic reforms under the IMF’s Extended […]
Pakistan's credit rating
Fitch ratings upgrade boosts Pakistan’s economic confidence
Fitch Ratings recently upgraded Pakistan’s credit rating from CCC+ to B-. Finance Minister Muhammad Aurangzeb called this upgrade a strong sign of confidence in the government’s economic reforms. He noted that it is the first rating change in three years, indicating a shift in the economic outlook towards stability. Aurangzeb explained that the upgrade highlights […]