Moody’s upgrades Pakistan rating to B3
Moody’s Ratings has upgraded Pakistan’s government credit rating to B3 from Caa1. The agency also maintained a stable outlook for Pakistan. The upgrade covers local and foreign currency debt ratings. Moody’s said the decision reflects expected improvements in governance and Pakistan’s external position. It expects these developments to support stronger fiscal performance. The agency also […]
We haven't written up this one. Daily Times has the full story — the link below goes straight to it.
