Pakistan ranks second globally in default risk improvement
Country stands second globally behind only Türkiye
Country stands second globally behind only Türkiye
Agency also improved country’s economic outlook from 'positive' to 'stable'
S&P projects Pakistan’s per capita income may exceed $2,000 by fiscal year 2026–27
PM Shehbaz, finance minister welcome upgrade, express satisfaction
Premier welcomes 'decrease' in inflation
Premier acknowledges Moody's upgrade Pakistan's credit rating
S&P's cites political instability and chaos as significant threats to country's economic stability
Premier reaffirms his commitment to advancing country's economic agenda
Upgrade is largely attributed to certainty of continued external funding after IMF agreement
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