There is some consolation on the economic front as Pakistan's locus standi stands improved on the credit index. Moody's, one of the world's top three rating agencies based in New York, has upgraded it to the speculative rank of Caa1. That is an assured placing out of the default horizons where the beleaguered economy had been hovering for two years. The supra-auditors believe that macroeconomic as well as debt affordability indicators are improving.

Yet, the investment grade remains in troubled waters as the country cannot issue international sovereign bonds, primarily owing to riskier credit ratings that often lead to double-digit interest rates. The cheers, nonetheless, are worth lauding and are in need of being graduated to stable citations.

Moody's has acknowledged the overall improv

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