Fitch Ratings testament to effective financial management: Hafeez Shaikh August 18, 2020

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Fitch Ratings testament to effective financial management: Hafeez Shaikh August 18, 2020

ISLAMABAD- Advisor to Prime Minister on Finance and Revenue Hafeez Shaikh has said that maintaining the country’s sovereign rating by Fitch Ratings is a testament to the government’s balanced and effective financial management to protect livelihoods of citizens while also preventing COVID-19 spread.

In a tweet, he said that Fitch Ratings has maintained Pakistan’s sovereign rating at “B-” with a “Stable Outlook”, further confirming Moody’s assessment.

He further said that this is a testament to the govt’s balanced & effective financial management to protect livelihoods of citizens while also preventing COVID-19 spread.