Fitch affirms Pakistan’s ‘B-’ ratings with stable outlook, signals improved credit stability
[ Updates sovereign rating criteria from Sept 2025, incorporating recovery assumptions into debt ratings for first time Global ratings agency Fitch on Wednesday affirmed Pakistan’s long-term foreign- and local-currency debt ratings at ‘B-’ with a stable outlook and assigned a ‘RR4’ recovery rating to the country’s senior unsecured instruments. The rating action follows Fitch’s adoption of … Read more