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.
PM Shehbaz Sharif Welcomes Moody’s Upgrade of Pakistan Rating to B3
Prime Minister Shehbaz Sharif welcomes Moody’s upgrade of Pakistan’s sovereign credit rating from Caa1 to B3, citing economic reforms and improving global confidence.
S&P Sees More Pakistan Rating Upgrades If Fiscal Deficit Stays Below 3% Of GDP
S&P Global Ratings says Pakistan could secure further sovereign rating upgrades if it keeps the fiscal deficit below 3% of GDP, reduces government debt below 60% and strengthens institutions.
S&P Global Upgrades Pakistan Sovereign Rating to B Citing Reforms and Reserve Growth
S&P Global Ratings upgrades Pakistan long term sovereign rating to B with stable outlook following IMF reform execution fiscal discipline and reserve expansion.
Fitch Ratings Affirms Pakistan IDR at B- with Stable Outlook Amid IMF Progress
Fitch Ratings maintains Pakistan’s Long-Term Foreign-Currency Issuer Default Rating at B- citing fiscal consolidation and successful IMF program reviews.
Fitch maintains Pakistan’s B- foreign currency rating, assigns Recovery Rating RR4
Fitch Ratings has maintained Pakistan’s long-term foreign currency debt rating at B- and assigned a Recovery Rating of RR4, reflecting the updated sovereign credit assessment framework introduced in September 2025.