By Admin 
Pakistan economy: Credit rating agency S&P Global on Thursday increased Pakistan’s Sovereign Credit rating from ‘CCC+’ to ‘B-‘. With this, Pakistan’s Outlook was kept ‘stable’. The agency said that Pakistan’s economy and foreign exchange reserves have improved after the bailout package from the International Monetary Fund (IMF). S&P said that this financial help given to Pakistan will not only help it to fulfill its responsibilities, but will also help in paying debt in the next 12 months.
Pakistan pressed under the burden of debt
Pakistan has to pay a loan of $ 25-27 billion taken from China, Saudi Arabia and the United Arab Emirates in the next 12 months. Apart from this, Pakistan also has to pay the foreign debt being matured in the next 12 months. Also, an interest of $ 30.35 billion is also to be repaid on the loan taken.
S&P says that Pakistan’s ‘stable’ outlook is in accordance with our expectations, which shows that economic reforms continue and the government’s efforts to increase revenue are also going on. However, on the growing border dispute with India, the agency warned that this could have a negative impact on Pakistan’s credit rating.
Pakistan’s appeal to Moody’s
Here, Pakistan is still out of the global capital markets due to poor credit ratings. Last week, Finance Minister Muhammad Aurangzeb appealed to the US rating agency Moody’s to improve Pakistan’s credit rating and help him in his return to the International Capital Market.
Pakistan’s economy improves
Pakistan’s economy has also improved in recent times. According to Asian Development Bank (ADB) new report Asian Development Outlook-July 2025, Pakistan’s economy has gained 2.7 percent in FY 2024-25. In this report, Pakistan’s economic performance was described as encouraging and the credit for improving the comprehensive economic stability was given to the continuous decline in inflation and the low price of things needed.
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