Back to today’s briefing

Story perspectives

Pakistan's Credit Rating Upgraded Amid Political Challenges

7/25/2025

22 5

Summary

Story summary

Pakistan's sovereign credit rating has been lifted from 'CCC+' to 'B-' by S&P Global Ratings, reflecting enhanced fiscal health and bolstered foreign exchange reserves thanks to IMF backing. While the outlook is stable, challenges loom from political unrest and ongoing tensions with India, yet the government remains committed to stabilizing debt and fulfilling external commitments.

1 of 1

Story summary

Pakistan's sovereign credit rating has been lifted from 'CCC+' to 'B-' by S&P Global Ratings, reflecting enhanced fiscal health and bolstered foreign exchange reserves thanks to IMF backing. While the outlook is stable, challenges loom from political unrest and ongoing tensions with India, yet the government remains committed to stabilizing debt and fulfilling external commitments.