Global rating agency Fitch has upgraded Pakistan’s rating to triple C following an agreement with the International Monetary Fund (IMF).
The improvement in Pakistan’s rating is due to the smooth access to funding for Pakistan due to the IMF agreement.
On the other hand, the economic analyst says that more rating agencies will upgrade Pakistan’s rating in the coming days.
Finance Minister Ishaq Dar has congratulated Prime Minister Shehbaz Sharif and the nation on the improvement in Fitch rating and said that the improvement in Fitch rating is a good step towards the journey of economic recovery.
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