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Pakistan eyes B+ sovereign credit rating by Sept 2027: finance minister
Finance Minister Muhammad Aurangzeb said on Thursday Pakistan was expected to be upgraded to ‘B+’ sovereign credit rating by first quarter (Jul–Sep) of the next fiscal year 2027-28 by global agencies, adding it was premature to say whether ongoing $7 billion IMF Extended Fund Facility (EFF) would be the country’s last programme. Pakistan has been rated at ‘B’ with stable outlook since July 2026 by S&P Global Ratings, while Moody’s raised Pakistan’s credit rating to ‘B3’ from ‘Caa1’ with a stable outlook in August 2026. “I am hopeful, if we remain on the trajectory of macro stability on the...
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