Islamabad, 13 August 2025 — Prime Minister Muhammad Shehbaz Sharif has expressed satisfaction over Moody’s decision to upgrade Pakistan’s credit rating from Caa2 to Caa1, alongside an improved economic outlook from “positive” to “stable.”In a statement issued by the PM Office, the prime minister welcomed the development and appreciated the efforts of his economic team, stating that the upgraded rating reflects that Pakistan’s economic policies are on the right track.He reiterated the government’s commitment to further improving the country’s credit rating, noting that such positive international assessments strengthen investor confidence and support economic growth.According to Moody’s official information, its credit ratings provide an assessment of debt obligations and the entities issuing them, including governments, corporations, and financial institutions, across global markets.
September 18, 2025
