Pakistan seeks double-B credit rating as economic recovery gains ground

KARACHI: Pakistan is seeking to lift its sovereign credit rating into the double-B category, Finance Minister Muhammad Aurangzeb told S&P Global Ratings on Wednesday, as the country builds on improving economic fundamentals and its return to international bond markets. The ambition follows a series of credit rating upgrades and a $3 billion Eurobond issuance in September, reflecting Pakistan’s efforts to restore investor confidence after years of economic instability. A higher rating could

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