“Fitch Ratings upgraded Pakistan’s credit rating in April 2025 due to:”

"In April 2025 Fitch Ratings upgraded Pakistan’s credit rating reflecting improved economic stability driven by a reduction in fiscal deficit increased remittances and successful implementation of the IMF program. These factors strengthened Pakistan’s macroeconomic framework boosting investor confidence and economic resilience. The fiscal discipline coupled with robust remittance inflows and adherence to IMF reforms enhanced Pakistan’s ability to meet external obligations fostering sustainable growth. This upgrade underscores Pakistan’s commitment to economic reforms positioning it favorably in global financial markets and supporting long-term development goals."