Pakistan’s credit rating likely to be improved: ADB

Pakistan’s credit rating likely to be improved: ADB

NEW DELHI: The Asian Development Bank (ADB) said that the loan from the International Monetary Fund (IMF) may improve the credit rating of Pakistan.Managing director ADB Rajatnag said in an interview in New Delhi that he hoped that Pakistan would make necessary reforms for bail-out package.He said that the IMF package of $7.6 billion would be helpful in restoring the confidence of the Pakistani people.Rajatnag said that the revival of Pakistan economy is significant not only for the region but it has an important role in world economy.