Moody's changes outlook of Pakistani banks from ‘stable’ to ‘positive’

New York: International credit rating agency Moody's has changed the outlook for Pakistani banks from stable to positive.

According to Moody's, the positive outlook is due to the banks' resilient financial performance.

The positive outlook also reflects improved economic conditions compared to a year ago.

According to a report released by Moody's, the long-term sustainability of debt is a threat to the economy. The report also pointed out the weak fiscal position and external risks.

In this regard, it has been said that Pakistan's economic growth is expected to be 3 percent in 2025, which was 2.5 percent in 2024.