Pakistan’s B3 rating reflects strengthening growth, progress on structural reforms: Moody

855

ISLAMABAD, Apr 27 (APP): Moody’s Investors Service in its
latest report Wednesday said that Pakistan’s B3 issuer rating balances strengthening growth and progress on structural reforms.

Moody’s conclusions were contained in its just released Credit
Analysis “Government of Pakistan—B3 Stable,” which looks at the
country’s credit profile in terms of Economic Strength .

Moody’s assessment of Pakistan’s “Moderate” economic strength
encompasses the sovereign’s very low per capita incomes and the large size of its economy. Economic output, previously anemic, has picked up over recent years and is now rising at a relatively healthy pace.