Moody’s Upgrades Pakistan’s Credit Rating, Boosting Global Confidence in Economy

Islamabad: In a significant development reflecting growing global confidence in Pakistan’s economy, international credit rating agency Moody’s has upgraded Pakistan’s local and foreign currency ratings from **Caa2 to Caa1**. The country’s credit outlook has also been revised from “Positive” to “Stable”.
This upgrade comes amid improved foreign exchange reserves and increased trust in Pakistan’s debt repayment capacity. Moody’s acknowledged the progress made under the IMF program, particularly in financial stabilization and structural reforms.
The recent upgrade highlights growing confidence in Pakistan’s ability to expand its tax base and build stronger reserves. It also reflects the positive impact of policy reforms led by the **Special Investment Facilitation Council (SIFC)**, which is playing a key role in restoring investor confidence and strengthening Pakistan’s international economic standing.
With these improvements, Pakistan’s economy is seen as moving steadily toward sustainable growth.