Fitch upgrades Pakistan's long-term rating to CCC+

ISLAMABAD, July 29 (Xinhua) -- Credit ratings agency Fitch on Monday upgraded Pakistan's long-term foreign-currency issuer default rating to CCC+ from CCC, citing greater certainty over continued availability of external funding.

The upgrade reflects this greater certainty in the context of Pakistan's staff-level agreement with the International Monetary Fund (IMF) on a new 37-month 7-billion-U.S. dollars extend