Explanation

Fitch Ratings upgraded Pakistan's credit rating from 'CCC+' to 'B-' in April 2025, citing several key factors:

• Improved Fiscal Discipline: The government's efforts to narrow budget deficits and implement structural reforms under the IMF program contributed to the upgrade.

• Structural Reforms: Pakistan's commitment to implementing structural reforms, including agricultural tax legislation and fiscal consolidation measures, was recognized by Fitch.

• Economic Indicators: Positive economic indicators, such as a reduction in the government debt-to-GDP ratio and improved fiscal performance, supported the rating upgrade.

Explanation

The Fitch Indicator survey primarily provides insights into economic trends, particularly related to global markets, economies, and financial stability. 

Explanation

According to historical sources, when India was partitioned in 1947, approximately 33% of the British Indian Army's officer corps was allocated to Pakistan. 

Explanation

Pakistan's largest exports go to the United States.

the most common destinations for exports in Pakistan are the:

United States ($5.51B)

China ($3.25B)

Germany ($2.53B)

United Kingdom ($2.21B)

United Arab Emirates ($1.28B)

Explanation