Moody’s (International credit rating agency) new rating for Pakistan might come as a shock as it moves from outlook of negative figure to B3 stable on a scale of Aaa to a minimum C On December 2nd, 2019. According to finance minister of Pakistan
Economical outlook transforming from negative figure to positive ones is due to the trust we have in our government’s effort.
Government is trying to make economical structure more solid and uniform
Moody’s Investors Service raises Pakistan’s credit-rating outlook to stable after the IMF helped stabilize the economy https://t.co/mW5EJHkxRk— Bloomberg Australia (@BloombergAU) December 2, 2019