Economy & Markets
Moody’s raised Pakistan to B3 as reserves and debt affordability improved—but the upgrade signals stabilization, not proof of good governance or growth.
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Moody’s raised Pakistan to B3 as reserves and debt affordability improved—but the upgrade signals stabilization, not proof of good governance or growth.
Pakistan’s $10bn U.S. backstop request is not a reserve-collapse story. SBP data shows $22.68bn liquid reserves, but the real issue is reform and sovereignty.
