S&P upgrades Pakistan's credit rating to 'B' from 'B-', highest in eight years
[Standard & Poor's (S&P) Global on Tuesday upgraded Pakistan's Long-Term Instruments Credit Rating to 'B' from 'B-'. The upgrade brings the country's rating status to an effective eight-year high. Pakistan was last placed in the B category from October 31, 2016 to February 3, 2019. The rating was upgraded due to stronger institutional capacity, sustained … Read more