(Bloomberg) The fallout from Fitch Ratings’ downgrade of the US puts the focus on the countries still holding onto the coveted top credit grade.Most Read from BloombergUS Stripped of AAA Rating by Fitch as Budget Deficits SwellPoland Sends Troops to Belarus Border After Airspace BreachMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceUS, Europe Growing Alarmed by China’s Rush Into Legacy ChipsTrump Indicted on Federal Charges in 2020 Election ProbeEconomies with the highest credi
S&P affirmed its BBB- long-term and A-3 short-term, unsolicited foreign and local currency sovereign credit ratings, while retaining the outlook on the long-term rating at stable.
The possibility of a delay in a loan from the IMF has been increased by political unrest in Pakistan ahead of this year s elections. The arrest of former premier Imran Khan by the Pakistan Army and the subsequent violence across Pakistan has not helped matters
As per S&P ratings, a BB grade is less vulnerable in the near-term but faces major ongoing uncertainties to adverse business, financial and economic conditions.