Finance Minister Muhammad Aurangzeb engaged in a pivotal meeting with a team from S and P Global in Washington DC, advocating for an upgrade in Pakistan’s credit rating to reflect the country’s economic progress.
During the discussion, Aurangzeb welcomed the forthcoming visit of the S and P Global team to Pakistan scheduled for later this month. He outlined the country’s macroeconomic outlook and fiscal consolidation efforts while emphasizing the key drivers of growth.
Aurangzeb pointed out that Fitch’s recent upgrade of Pakistan’s credit rating to B stands as evidence of the nation’s structural reform agenda and signifies growing investor confidence in the economy.
The Finance Minister expressed optimism that S and P Global would align with this positive trend and consider enhancing Pakistan’s credit ratings.