Moody's lifts Pakistan sovereign rating to B3 from Caa1, cites governance improvement and easing of external risk
- Posted on August 24, 2026
- By Dawn
- 4 Views
- 1 min read
In brief
Moody's has upgraded Pakistan's sovereign credit rating from Caa1 to B3, marking a significant milestone in the nation's economic recovery. The upgrade reflects improved governance structures and reduced external vulnerabilities, particularly following recent fiscal reforms and debt restructuring initiatives. The agency's stable outlook suggests confidence in Pakistan's sustained commitment to macroeconomic stability and institutional strengthening going forward.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Moody's lifts Pakistan sovereign rating to B3 from Caa1, cites governance improvement and easing of external risk
Agency maintains the country's outlook at "stable".
