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HomeEconomyFITCH NE PAKISTAN KE WATER & POWER DEVELOPMENT AUTHORITY KO UPGRADE KAR...

FITCH NE PAKISTAN KE WATER & POWER DEVELOPMENT AUTHORITY KO UPGRADE KAR DYA

Fitch Ratings ne Pakistan ke Water and Power Development Authority (WAPDA) ki Long-Term Foreign-Currency Issuer Default Rating (IDR) ko ‘CCC-‘ se ‘CCC’ tak upgrade kar diya hai. In ratings ki high volatility ki waja se Fitch usually ‘CCC+’ ya us se below wale ratings wale issuers ko Outlooks nahi deta.

Ye upgrade 10 July 2023 ko Pakistan sovereign ke upgrade hone ke baad hui hai, ku ke WAPDA ki ratings Pakistan sovereign ki ratings ke equal hen and ye ratings sovereign par koi bhi rating actionn lene ke liye sensitive hain. Sovereign rating ke details ke liye, “Fitch ne Pakistan ko ‘CCC’ tak upgrade kardya he.”

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