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 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.
Pakistan Finance Minister Meets Moody’s to Advocate for Credit Rating Upgrade
Senator Muhammad Aurangzeb highlights IMF progress and structural reforms to Moody’s in a bid to improve Pakistan’s sovereign credit rating.