Pakistan Economy: Moody’s upgrades ratings for Pakistan – By JS Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Moody's Investors Service ("Moody's") has upgraded Pakistan&rsquo;s rating by one notch to Caa1, changing outlook to Stable. The upgrade is reasoned by progress in reform implementation under the IMF Extended Fund Facility (EFF) program.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Moody&rsquo;s shares that Pakistan&rsquo;s external position improved in FY25, with full debt obligations met and foreign exchange reserves rising to over US$14bn, the rating agency cautions that reserves situation remains fragile.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Substantial external financing and fiscal improvements could boost Pakistan&rsquo;s ratings furthe...