Prime Minister Shehbaz Sharif expressed on Monday his approval of Pakistan's upgraded credit rating from Fitch Ratings, which has been elevated to 'CCC+' from 'CCC'.
In a statement released today, PM Shehbaz praised the concerted efforts of Finance Minister Muhammad Aurangzeb and his team, attributing the achievement to their diligent work.
Mr Sharif highlighted that this positive rating reflects the nation's progress and acknowledges the sacrifices made in the political arena for the sake of the state’s economic stability.
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PM Shehbaz described the 'CCC+' rating as a testament to the government's prudent economic policies and the strides made in improving Pakistan's fiscal health.
The premier underscored that the government is relentlessly focused on implementing economic reforms and delivering tangible benefits to the people.
He stressed the significance of reports from Fitch and other international financial institutions, noting their crucial role in guiding Pakistan's economic trajectory.
Sharif reaffirmed his commitment to advancing the country's economic agenda with renewed vigour and optimism.
He expressed hope that the newly secured IMF programme would further bolster Pakistan's economic efforts and contribute to sustained improvement in the nation's financial standing.