Fitch affirms Pakistan rating as positive signal for economy: Khurram

ISLAMABAD, (UrduPoint / Pakistan Point News - 13th Apr, 2026) Advisor to the Finance Minister Khurram Schehzad on Monday said that Fitch Ratings’ decision to affirm Pakistan’s sovereign rating at ‘B-’ with a stable outlook reflected strengthening fundamentals and policy continuity.

As per the details he shared at his official “X” handle, the rating affirmation underscored improved fiscal discipline and macroeconomic stability, supported by the ongoing programme of the International Monetary Fund (IMF), which continued to anchor sustained reforms.

Schehzad highlighted expectations of a US$ 1.2 billion tranche following board approval, adding that rising foreign exchange reserves were enhancing external sector resilience.

He said that a reduction in the policy rate to 10.5 percent was expected to support economic growth and boost investor confidence.

Sharing the economic outlook, he said Pakistan’s economy was projected to grow by 3.1 percent in FY2026, while inflation was likely to remain manageable at 7.9 percent.

The fiscal deficit, he said, was expected to be contained at 5.3 percent of GDP, with the current account deficit projected at a modest 1.1 percent.

The advisor emphasized that Pakistan was continuing on a path of stability, reform, and sustainable growth, maintaining resilience against external challenges.