They said that if appropriate actions are taken by the country's finance ministry then it can be brought back to the previous rating however, the big question remains how it will be done. The credible global ratings agencies have pointed out that Pakistan's finance ministry must pull up its socks to combat the economic fallout. The south Asian nation was clearly teetering at the brink of default. Pakistan has a weak external position, high commodity prices, and is witnessing a huge slump in its currency in comparision to the US Dollar. ISLAMABAD: Citing the country's weakening economic position, Moody's, then Fitch, and now S&P Global - three major global rating agencies have downgraded Pakistan's long-term rating from stable to negative, according to media reports. *Android 5.1.1/6.Pakistan has a weak external position, high commodity prices, and is witnessing a huge slump in its currency in comparision to the US Dollar. ***Wi-Fi Guard VPN and Ad Tracker Blocking is not available in McAfee LiveSafe and McAfee Total Protection. ▪ Stop ad trackers and annoying targeted ads
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