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Fitch Ratings upgraded Pakistan’s credit rating in April 2025 due to:

Question: Fitch Ratings upgraded Pakistan's credit rating in April 2025 due to:
  • A. Reduction in fiscal deficit
  • B. Increase in remittances
  • C. Implementation of IMF program
  • D. All of these
Correct Answer: D. All of these
Explanation: Fitch Ratings upgraded Pakistan’s rating because of multiple positive indicators: fiscal adjustments, strong remittances, and continuation of IMF-supported reforms.

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