Fitch revises Pakistan's outlook to negative; affirms at 'B-'

FILE PHOTO: The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London,Britain, March 3, 2016. REUTERS/Reinhard Krause
Ratings agency Fitch on Tuesday revised its outlook on Pakistan to negative from stable, citing deterioration in country's external liquidity position and financing conditions since early 2022.
Fitch affirmed Pakistan's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at 'B-'