Standard & Poor's, Fitch, and Moody's are examples of what type of global institutions relevant to Pakistan's 2026 economic news?
A
Development banks
B
Multilateral lending consortiums
C
Regional trade blocs
D
Sovereign credit rating agencies
Correct Answer: Option D — Sovereign credit rating agencies
Explanation:
Standard & Poor's, Fitch, and Moody's are major global sovereign credit rating agencies; Pakistan's rating was upgraded by S&P during 2026 alongside successful Eurobond and Panda bond issuances.