Pakistan has sought Fitch Ratings’ assessment of the steps required to advance towards the BB sovereign rating category. Finance Minister Muhammad Aurangzeb and the Governor of the State Bank of Pakistan discussed the country’s economic performance and sovereign credit outlook with Fitch representatives in Bangkok. The meeting took place on the sidelines of the 2026 World Bank Group–IMF Annual Meetings. Fitch’s assessment could help clarify the economic and policy requirements Pakistan needs to meet to strengthen its credit profile.

Pakistan’s estimated losses from cyber-enabled financial fraud amount to 2.5% of GDP, well above the global average of 0.45%, according to an IMF and World Bank report. Bangkok Blueprint in Action, developed in coordination with the Bank of Thailand, outlines a framework to help countries prevent, detect and address fraud in digital financial services. The report says Asia has the highest fraud losses globally, led by Pakistan at 2.5% of GDP, followed by Malaysia at 2.1% and India at 1.3%. The figures underline growing risks to Pakistan’s digital economy as fraudsters target online platforms, telecom networks and payment systems.

The World Bank Group has mobilized nearly USD 3.2 billion in private capital for Pakistan since 2022, supporting hydropower and green development. Globally, it mobilized a record USD 112 billion for developing countries in fiscal year 2026. In Pakistan, an initial USD 588 million International Development Association credit and a USD 460 million World Bank guarantee helped attract USD 338.5 million from international lenders and Rs144 billion from domestic banks. Separately, a USD 200 million IDA credit supported USD 102.7 million in green investment, including USD 52.7 million in private capital. The programme helped 98 SMEs and 653 microenterprises adopt cleaner technologies and contributed to around 1,600 jobs.