Pakistan eyes double-B rating: FinMin
Pakistan is aiming to enter the double-B sovereign rating category through sustained economic improvements, Finance Minister Muhammad Aurangzeb has said, citing a fiscal deficit at a 22-year low, three consecutive years of primary surpluses and foreign exchange reserves at a historic high covering three months of imports, according to an official statement issued by the Ministry of Finance on Wednesday. The minister held a series of engagements with international investors, credit rating agencies, multilateral financial institutions and US officials on the sidelines of the International Monetary Fund (IMF) and World Bank annual meetings in Bangkok.