Barclays reaffirms confidence in Pakistan's economic outlook, upgrades sovereign debt to overweight

The global financial institution Barclays has reaffirmed its positive view on Pakistan's economic trajectory, upgrading the country's sovereign debt rating to "Overweight", Advisor to the Finance Minister Khurram Shehzad said on Wednesday

ISLAMABAD, (APP - UrduPoint / Pakistan Point News - 24th Jun, 2026) The global financial institution Barclays has reaffirmed its positive view on Pakistan's economic trajectory, upgrading the country's sovereign debt rating to "Overweight", Advisor to the Finance Minister Khurram Shehzad said on Wednesday.

Sharing the development on his official X account, Shehzad said the upgrade reflects Pakistan's strengthening external and fiscal position, as well as its growing strategic importance as a key economic link between the middle East and Central Asia.

He said that Barclays also highlighted the potential for further positive rating actions in the future, signaling increasing confidence in Pakistan's macroeconomic stability and reform efforts.

<?php /*?> <?php */?>

The development comes as Pakistan continues to improve its economic fundamentals, including fiscal management, external account stability, and investor confidence,he said.

According to Shehzad, these improvements are increasingly being recognized by international investors and global capital markets.

Analysts view the upgrade as another positive signal for Pakistan's economic recovery, with stronger prospects for attracting foreign investment and enhancing access to international financial markets.

The latest assessment underscores growing international recognition of Pakistan's progress toward economic stabilization and sustainable growth.