Latest / Pakistan News Today | 2 Min News | The Daily News Now!
Pakistan’s Credit Rating Rises | Pakistan News
Pakistan’s credit rating just jumped from Caa1 to B3 by Moody’s, signaling improved financial stability and lower borrowing risk — thanks to stronger foreign reserves, better fiscal discipline, and progress with the IMF. The agency projects reserves could hit $19–20 billion by 2027 and $20–21 billion by 2028 if reforms continue. But caution remains: structural weaknesses, currency pressures, and limited revenue sources still pose risks. Moody’s also adjusted related debt ratings, noting ongoing vulnerabilities in capital mobility. While Prime Minister celebrates the upgrade as a milestone…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.