Pakistan May Reach B+ Sovereign Rating by Q1 FY28, Says Finance Minister Aurangzeb
Finance Minister Muhammad Aurangzeb says Pakistan could achieve a B+ sovereign credit rating by Q1 FY28 as reserves, remittances and macroeconomic stability improve.
Pakistan Current Account Deficit Narrows to $543 Million as Remittances Rise
Pakistan’s current account deficit narrowed to $543 million in Jul-Aug FY2027 as remittances, services exports, investment inflows and renewed market access strengthened the external position.
FBR Revenue Jumps 40% As Pakistan Sustains Fiscal Discipline
Pakistan records three consecutive years of primary fiscal surpluses as FBR revenue rises 40%, tax to GDP improves and digital reforms reshape tax administration.
Fitch Assigns B Minus Rating To Pakistan’s Proposed Dollar Eurobond
Fitch Ratings has assigned a B minus rating to Pakistan’s proposed US dollar denominated bond, with an RR4 Recovery Rating, while highlighting external liquidity, fiscal consolidation and governance risks.
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.
Pakistan Seeks $10 Billion US Exchange Stabilisation Support Facility, Aurangzeb Confirms
Pakistan has formally sought a $10 billion US Exchange Stabilisation Support Facility as the government works to strengthen foreign exchange stability and shift towards longer-term market-based financing.
SBP Reserves Hit Multi-Year High Following Successful Eurobond Issuance
Pakistan’s foreign exchange reserves surged to $15.8 billion after a $730m Eurobond inflow, as the country prepares for a Panda bond launch in China.
Pakistan IMF 2026 Update On Panda Bonds And Exchange Rate Flexibility
Finance Minister Muhammad Aurangzeb and IMF Deputy Managing Director Nigel Clarke discuss Pakistan’s external financing, Panda bonds, and Ramadan remittance growth.
Pakistan Updates Citibank on IMF Progress and Capital Market Re-Entry
Finance Minister Muhammad Aurangzeb outlines Pakistan’s economic milestones including IMF agreements, Eurobond repayments, and upcoming Panda Bond issuances during a meeting with Citibank.
Pakistan Foreign Exchange Reserves Reach 16.4 Billion Dollars Ahead of Major Debt Repayments
State Bank of Pakistan reports total liquid foreign reserves of 21.8 billion dollars while preparing for significant outflows including Eurobond and UAE debt.

