Pakistan upgraded to B3 from Caa1 by Moody’s
Moody's Ratings has upgraded the Government of Pakistan's local and foreign currency issuer and senior unsecured debt ratings to B3 from Caa1, citing sustained improvements in the country's external position and strengthening fiscal metrics.
August 24, 2026 (MLN ): Moody's Ratings has upgraded the Government of Pakistan's local and foreign currency issuer and senior unsecured debt ratings to B3 from Caa1, citing sustained improvements in the country's external position and strengthening fiscal metrics. The rating agency has kept the outlook stable and also raised the senior unsecured MTN programme rating to (P)B3 from (P)Caa1. Moody's said the up...