Outlook on all the assigned ratings has been revised to 'stable' from 'negative'. The previous rating action was announced on June 29, 2018. The assigned long term 'AAA' rating indicates the highest credit quality; the risk factors are negligible, being only slightly more than the risk-free Government of Pakistan's debt. Short-term rating of 'A-1+' indicate highest certainty of timely payment; Short-term liquidity, including internal operating factors and/or access to alternative sources of funds, is outstanding.-PR
Outlook on all the assigned ratings has been revised to 'stable' from 'negative'. The previous rating action was announced on June 29, 2018. The assigned long term 'AAA' rating indicates the highest credit quality; the risk factors are negligible, being only slightly more than the risk-free Government of Pakistan's debt. Short-term rating of 'A-1+' indicate highest certainty of timely payment; Short-term liquidity, including internal operating factors and/or access to alternative sources of funds, is outstanding.-PR