Top credit-rating agency raises Pakistan rating, says economy stable
- 31-Oct-2016
ISLAMABAD: Standard and Poor’s revised Pakistan long-term credit rating from B- to B Monday, saying better policymaking had improved the economy’s performance and raised the country’s growth prospects. The agency said Pakistan continued to benefit under its democratically elected government and that a reform programme had helped to restore economic stability. It affirmed the ‘B’ […]
S&P raises Pakistan’s outlook, forecasts higher growth
- 06-May-2015
KARACHI: Standard and Poor's ( S&P) on Tuesday revised Pakistan's credit rating outlook from stable to positive and forecast higher GDP growth for 2015 to 2017, amid a stint of economic reforms.