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S&P Global upgrades Pakistan's credit rating, signaling improved financial stability and economic recovery.
S&P Global has upgraded Pakistan's credit rating to 'B-' from 'CCC+' with a stable outlook, attributing the change to improved financial stability supported by the International Monetary Fund (IMF).
The upgrade reflects expectations of ongoing economic recovery and better revenue generation by the government, stabilizing fiscal and debt metrics.
Despite political uncertainties, the move is expected to help Pakistan access global financial markets more favorably and attract foreign investment.
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S&P Global mejora la calificación crediticia de Pakistán, señalando una mejor estabilidad financiera y recuperación económica.