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2 clusters · 7 sources · 8 days · First seen · Last updated

Pakistan sovereign credit rating upgrade

Overview

S&P Global Ratings upgraded Pakistan’s long-term sovereign credit rating from B- to B, maintaining a stable outlook. The agency attributed this change, the first such shift in nearly nine years, to improvements in institutional capacity and the implementation of essential economic reforms. This upgrade follows a period of intense economic pressure that saw the nation’s rating drop to CCC+ in late 2022.

Entities

Pakistan · S&P Global Ratings · Reserve Bank of India · Fitch Ratings · Belize

Timeline

  1. 27 days ago

    [BUSINESS] 2 sources
    Pakistan credit rating upgraded to B by S&P Global

    S&P Global Ratings has upgraded Pakistan’s long-term sovereign credit rating from B- to B with a stable outlook, citing improved institutional capacity and economic reform progress.

  2. about 1 month ago

    [BUSINESS] 5 sources
    Fitch affirms India's 'BBB-' sovereign rating with stable outlook

    Fitch Ratings affirmed India’s ‘BBB-’ sovereign rating with a stable outlook, forecasting 6.4% GDP growth for FY27 driven by public spending and private investment recovery.

Sources

europesays.com · flare.pk · indiaseatradenews.com · marketbusinessnews.com · newsable.asianetnews.com · orissapost.com · zimsportlive.co.zw