Inside Financial Markets

BRIEF-Moody’s upgrades Pakistan’s bond ratings to B3 with a stable outlook

moodys silverBRIEF-Moody’s upgrades Pakistan’s bond ratings to B3 with a stable outlook

  • Moody’s upgrades Pakistan’s bond ratings to B3 with a stable outlook
  • Moody’s-Pakistan’s rating action on expectations of continued strengthening of the external payments position
  • Moody’s-Pakistan’s rating action on expectations of sustained progress in structural reforms under the government’s program with the IMF
  • Moody’s-expects Pakistan’s real GDP growth to rise to 4.7 pct year-on-year in fiscal year ending June 2016, further to range of 5 pct – 6 pct in following 4 years

 

Ahsan Baig

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