Moody's Investors Service has reaffirmed Pakistan's sovereign rating with Stable outlook.

In a statement, Moody's categorized Pakistan's medium-term growth outlook as strong in the backdrop of China Pakistan Economic Corridor addressing infrastructure and energy constraints and the continuing macro stability enhancing reforms initiated by the government.  

Moody's report acknowledges Pakistan's improved economic fundamentals and financial strength.

Moody's expects real GDP growth to rise towards 6 percent over the next few years.

Elimination of energy deficit, improved business productivity and resultant boost to exports is expected to provide impetus for a high growth trajectory.

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