S&P upgrades Pakistann rating to 'B', assigns stable outlook
S&P Global Ratings on Wednesday upgraded Pakistan’s long-term sovereign credit rating to ‘B’ from ‘B-’, citing stronger institutional capacity, sustained implementation of International Monetary Fund-backed reforms, improved fiscal performance and a
July 22, 2026 (MLN): S&P Global Ratings on Wednesday upgraded Pakistan’s long-term sovereign credit rating to ‘B’ from ‘B-’, citing stronger institutional capacity, sustained implementation of International Monetary Fund (IMF)-backed reforms, improved fiscal performance, and a significant rebuilding of foreign exchange reserves. The ratings agency assigned a stable outlook, saying it expects ongoing reform...