Moody’s Upgrades Pakistan Sovereign Rating to B3 from Caa1
Moody’s upgrades Pakistan’s sovereign credit rating to B3 from Caa1 with a stable outlook, citing improved governance, stronger reserves, fiscal gains and easing external risks.
Fitch Ratings Evaluates Pakistan FY27 Budget and Warns of Revenue Vulnerabilities Despite Fiscal Discipline Improvements
Fitch Ratings notes Pakistan fiscal discipline improvements in the FY27 budget but raises questions over revenue durability and debt affordability.

