What is Pakistan's current credit rating according to Moody's which has 21 slabs of credit rating?
Correct answer: D. B3
- A. A3
- B. Baa2
- C. Ba1
- D. B3
Explanation
Moody’s rated Pakistan B3, which is in the speculative or non-investment-grade range and reflects substantial credit risk. Baa2 is investment grade, while Ba1 is one level above B3.
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Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.
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