Islamabad:
International credit rating agency standard and papers have increased Pakistan’s sovereign credit rating into a municipality, which has increased triple plus, which is accepted by the economy.
Standard and papers have stabilized the outlook, keeping in mind the improvement of the domestic economy, and the progress has been observed after three years.
Improvement in credit ratings reflects improvement in financial sector and continuity of policies.
It should be noted that Pakistan was last awarded B -Eminus rank in July 2022, but Outlook was negative at that time.
Earlier in February 2019, Pakistan had a stable approach with B -Menus and now the Outlook has been restored.
Experts say that this improvement in Pakistan’s ranking may increase the trust of international investors.