OREANDA-NEWS. December 14, 2015.  Asia-Pacific economies face challenges to varying degrees from imminent Fed tightening, China's slowdown, weaker commodity prices and still-lacklustre global trade growth, Fitch Ratings says in a new report today. But coherent, credible policy management can buffer sovereign credit profiles against risks.

The "Asia-Pacific Sovereign Overview" report provides summary credit views on all 19 Fitch-rated sovereigns in the region.

This is the first edition of the Overview to include a section on Pakistan. Fitch assigned Pakistan a rating of 'B' with Stable Outlook on 15 September 2015. Pakistan's ratings balance the country's underdevelopment, political instability, weak public finances and history of macroeconomic volatility against the stabilisation and progress on reforms achieved under the country's latest IMF programme.