By S.M. Inam
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif expressed satisfaction on Monday after international ratings agency Moody’s affirmed Pakistan’s banking sector as “stable,” describing the assessment as a sign of progress in the country’s economic trajectory.
The Prime Minister highlighted that the latest rating reflects the government’s broader efforts to steer the economy towards stability and growth amid ongoing financial challenges. He praised the work of economic team, noting that their continuous efforts to implement reforms and manage fiscal and monetary policies had contributed to a more resilient financial sector.
“Reports and ratings by international institutions are a testament to the betterment of Pakistan’s economic trajectory,” Shehbaz Sharif said. He emphasized that such endorsements were the result of consistent policy measures and careful economic planning.
The Prime Minister acknowledged the long hours and dedication of the officials involved, describing their work as “commendable” in ensuring the country’s economic stability and development. He said the government remained focused on sustaining this progress and creating conditions conducive to growth, investment, and financial security for ordinary citizens.
Economic analysts welcomed Moody’s assessment, viewing it as a positive signal to both domestic and international investors. They noted that a “stable” rating for the banking sector could help bolster confidence in Pakistan’s financial system, supporting credit flows and improving investor sentiment at a time when the country faces multiple economic pressures.
While challenges remain, the Prime Minister’s statement underlined the administration’s determination to maintain momentum, reinforce institutional stability, and strengthen Pakistan’s standing in global financial markets. The affirmation by Moody’s was framed not merely as a rating, but as recognition of what the government described as a disciplined and forward-looking economic strategy.
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