{"id":97566,"date":"2025-08-13T11:08:05","date_gmt":"2025-08-13T11:08:05","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/moodys-upgrades-pakistans-credit-rating\/"},"modified":"2025-08-13T11:08:05","modified_gmt":"2025-08-13T11:08:05","slug":"moodys-upgrades-pakistans-credit-rating","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/moodys-upgrades-pakistans-credit-rating\/","title":{"rendered":"Moody's upgrades Pakistan's credit rating"},"content":{"rendered":"
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Moody\u2019s raised Pakistan\u2019s credit rating by one notch to \u2019Caa1\u2019 from \u2019Caa2\u2019 on Wednesday, citing improvements in the country\u2019s external position.<\/strong><\/p>\n

The credit rating agency also assigned a \u2019stable\u2019 outlook to Pakistan\u2019s rating.<\/p>\n

The upgrade reflects Islamabad\u2019s strengthening financial situation in line with the current International Monetary Fund (IMF) program, according to Moody\u2019s assessment.<\/p>\n

Earlier, Prime Minister Shehbaz Sharif expressed satisfaction over Pakistani exports reaching 2.7 billion dollars in the first month of the new fiscal year.<\/p>\n

In a statement, he said the country\u2019s exports have witnessed an increase of 17 per cent from July last year to July this year, while nine per cent increase within just one month is a highly welcoming sign for country\u2019s economy.<\/p>\n

Read more: <\/strong><\/em>Moody\u2019s cuts Pakistan\u2019s rating to Caa1<\/a><\/strong><\/em><\/p>\n

The Prime Minister said export-led growth is the topmost priority of the government.<\/p>\n

He said government\u2019s prudent economic policies and efforts are paying off as economic indicators are moving in the right direction.<\/p>\n

The Prime Minister lauded the efforts of government\u2019s economic team, and said government is striving to increase exports, promote investment and promote a business-friendly environment.<\/p>\n

He said the implementation of faceless customs assessment system is further improving port operations while increase in ratio of tax collection to GDP is satisfactory for the government.<\/p>\n<\/div>\n<\/div>\n