Finance Minister seeks Fitch’s view on requirements for BB category

Finance Minister Senator Muhammad Aurangzeb briefed Fitch Ratings on the country's economic record and its sovereign credit prospects, according to a press release reported by Mettis Global. The session took place in Bangkok, Thailand, during the World Bank Group-IMF Annual Meetings 2026, with the State Bank of Pakistan Governor also present.

The finance minister highlighted the return to global capital markets, fiscal consolidation and sustained primary surpluses. He also walked through inflation, monetary policy, a stable exchange rate and a contained current account deficit. Reserve accumulation, fewer forward liabilities and stronger external buffers against shocks were also on the agenda.

The delegation cited improving debt sustainability, lower servicing costs, longer borrowing tenors and bilateral rollover assurances. It also reaffirmed the commitment to finishing the IMF programme, carrying out structural reforms and growing exports. The finance minister further briefed Fitch on commercial and investment ties with the United States, and asked the agency to set out what progress toward the BB category would require.