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Economy · PakistanStandard & Poor's (S&P) credit rating agency on Thursday upgraded Pakistan's rating by a notch to B negative, which is better than the previous standing but still two positions below investment grade. The revision was made due to the implementation of reforms and a reduction in sovereign default risks.
S&P Global Ratings raised Pakistan's long-term sovereign credit rating from CCC+ to B- after a gap of two and a half years, according to an annou…See the Story
S&P Upgrades Credit Rating to B
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