Pakistan is currently suffering from severe financial hardship despite reaching a preliminary agreement with the International Monetary Fund that provides access to a loan of $3 billion. The country is going through a fragile and worsening economic situation, which has affected all sectors of life and segments of society. Nevertheless, yesterday, Monday, a positive sign for a country suffering from its worst economic crisis emerged, as the credit rating agency, Fitch, raised the default rating of Pakistan's long-term foreign currency issuer from CCC- to CCC. Fitch said in a statement reported by "Reuters" that the increase reflects the improvement in external liquidity and financing conditions in the country after the staff level agreement with the International Monetary Fund, but warned that the fiscal deficit is still large. The Pakistan crisis is accompanied by the outbreak of a sharp dispute between members of the ruling coalition over the new state budget, amounting to 14.5 trillion rupees (about 50.5 billion dollars), and more than half of it has been allocated to service debt burdens of 7.3 trillion rupees, which highlights the effects of the worsening economic and financial situation. Fitch Ratings upgraded Pakistan's long-term credit rating from CCC- to CCC- Despite the parliament's approval of the new budget on the 25th of last month, the differences over it and the divergence of opinions between the political forces regarding ways to get out of the current financial crisis the country is going through are still ongoing and severe, and the dispute may lead to the collapse of the ruling coalition, according to observers. Signs of collapse began to appear since the government presented the new draft budget to parliament on the seventh of last month. The level of differences increased despite the success of negotiations between the Pakistani government and the International Monetary Fund and the conclusion of a preliminary agreement on June 30 a few days ago, allowing Pakistan to obtain loans worth $ 3 billion, after a delay of 8 months due to the disruption of negotiations between the two sides, hoping to avoid the country An unprecedented economic collapse and financial crisis.