Fitch maintains Pakistan at ‘B-‘ under revised sovereign criteria
Fitch maintains Pakistan at ‘B-‘ under revised sovereign criteria Fitch affirms Pakistan’s long-term instruments at ‘B-‘. Agency assigns ‘RR4’ recovery rating and removes UCO. Debt trajectory and external liquidity pressures remain key risks. KARACHI: Fitch Ratings has affirmed Pakistan’s long-term instruments at ‘B-‘, assigned an ‘RR4’ recovery rating and removed the sovereign from Under Criteria…