SINGAPORE: Moody's Investors Service said that Pakistan's (B3 stable) credit profile is supported by the country's robust growth performance and potential, a large — but low-income — economy, and an improved track record of reforms that started under its 2013-16 International Monetary Fund (IMF) program.
These strengths have been accompanied by greater transparency and lower levels of inflation and inflation volatility, the report added.
'Moody's continues to expect solid economic activity, driven by investments related to the China-Pakistan Economic Corridor (CPEC).'