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Pakistan being given B-3 category by Moody’s: Dar

byCustoms Today Report
11/06/2015
in Business
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ISLAMABAD: Minister for Finance Ishaq Dar Thursday informed the National Assembly that international rating agency Moodi’s has upgraded Pakistan to B-3 category due to economic growth and stability in the country.

Congratulating the House, the minister said that the Moodi’s had upgraded Pakistan to B-3 from CAA-1.

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He pointed out it had demoted the country in 2012 due to deteriorating economic conditions. “I have just received e-mail from Moodi’s that Pakistan is being elevated to B-3 category that indicates economic stability,” he said

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