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.
Pakistan Economy Set To Sustain Recovery Momentum In FY27 On Stronger Macro Fundamentals
Pakistan entered FY27 with stronger fiscal and external indicators, rising remittances and exports, improving technology exports and continued macroeconomic stability supporting expectations of sustained economic recovery.
Pakistan’s Fiscal Stability Improves, But Growth Costs Raise Fresh Concerns
Pakistan’s fiscal indicators have improved with primary surpluses and lower debt servicing, but higher taxes, weak investment and restrained development spending raise concerns.
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’s Fiscal Deficit Narrows To 2.6% Of GDP In FY2026 On Higher Revenue And Lower Spending
Pakistan’s fiscal deficit narrowed to 2.6% of GDP in FY2026 from 5.4% a year earlier, supported by stronger revenue, lower expenditure and a sharp decline in mark up payments.
Finance Minister Muhammad Aurangzeb Conferred Nishan-i-Imtiaz For Public Service
Finance Minister Muhammad Aurangzeb has been conferred the Nishan-i-Imtiaz in recognition of his public service, economic reforms, fiscal consolidation and efforts to strengthen Pakistan’s economic stability.
Pakistan Posts Rs3.63 Trillion Primary Surplus, Surpasses IMF Target In FY2025-26
Pakistan recorded a Rs3.63 trillion primary budget surplus in FY2025-26, exceeding the IMF target by Rs464 billion as the federal deficit narrowed to Rs4.8 trillion.
Pakistan Cuts FY26 Fiscal Deficit 46% To Rs3.3 Trillion As Primary Surplus Hits Rs3.6 Trillion
Pakistan’s FY26 fiscal deficit fell 46% to Rs3.313 trillion, while the primary surplus rose to Rs3.634 trillion as revenues increased and expenditure declined.
Pakistan Records Strongest Fiscal Turnaround In Decades As Fiscal Deficit Falls To 2.6%
Pakistan closes FY26 with a major fiscal improvement as the deficit falls to 2.6% of GDP, primary surplus reaches 2.9% and debt growth declines.
Fitch Ratings Warns Capex Cuts Threaten Pakistan Medium-Term Growth
Global credit agency Fitch Ratings issued an economic warning indicating that aggressive spending reductions could undermine long term domestic fiscal recovery.