“Moody’s reconfirmed Pakistan’s credit rating with a stable outlook. Moody’s reconfirmed Pakistan’s credit rating with a stable outlook. In Dec 2019, after econ stabilsation by PTI govt, rating was upgraded to B3 Stable,” he stated on social media. Moody’s confirmation of Pak’s B3 rating with stable outlook during pandemic is encouraging sign. Pakistan’s macroeconomic indicators moving in the right direction as Moody’s upgrades our outlook to stable.

Source: Pakistan Today August 08, 2020 03:01 UTC