𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻 𝗦𝗵𝗼𝘄𝘀 𝗦𝘁𝗿𝗼𝗻𝗴𝗲𝗿 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗥𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲 𝗔𝗺𝗶𝗱 𝗦𝘁𝗿𝗮𝗶𝘁 𝗼𝗳 𝗛𝗼𝗿𝗺𝘂𝘇 𝗖𝗿𝗶𝘀𝗶𝘀

Pakistan has shown 𝗴𝗿𝗲𝗮𝘁𝗲𝗿 𝗿𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲 in absorbing the economic impact of the Strait of Hormuz closure compared with the 2022 oil price crisis, according to Moody’s analyst 𝗚𝗿𝗮𝗰𝗲 𝗟𝗶𝗺. She linked the stronger response to nearly two years of 𝗺𝗮𝗰𝗿𝗼𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝘀𝘁𝗮𝗯𝗶𝗹𝗶𝘀𝗮𝘁𝗶𝗼𝗻, including lower inflation, a more stable exchange rate and improved foreign exchange reserves. Moody’s has also upgraded Pakistan’s sovereign rating to 𝗕𝟯, citing better governance, a stronger external position and improved fiscal indicators. However, the agency cautioned that Pakistan’s 𝗰𝗿𝗲𝗱𝗶𝘁 𝗽𝗿𝗼𝗳𝗶𝗹𝗲 𝗿𝗲𝗺𝗮𝗶𝗻𝘀 𝗳𝗿𝗮𝗴𝗶𝗹𝗲, with a narrow export base, limited foreign investment and weak debt affordability continuing to pose significant economic challenges.

Disclaimer: This post is for informational purposes only and is based on publicly available reports. The image is AI generated and is just for reference.

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