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.