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Thursday, December 12, 2024

Home Featured Moody’s upgrades Pakistan’s credit ratings, changes outlook to positive

Moody’s upgrades Pakistan’s credit ratings, changes outlook to positive

by Our Correspondent
August 28, 2024
in Featured, Pakistan

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ISLAMABAD – The global credit rating agency, Moody’s, has upgraded the rating of Pakistan to Caa2 from Caa3 amid ongoing economic reforms in the South Asian country.

Moody’s has also changed Pakistan’s outlook from stable to positive.

More to follow…