PAKISTAN ELECTION OUTCOME COULD AUGMENT RATINGS STABILITY: S&P

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May 13, 2013

SINGAPORE -- Standard & Poor's Ratings Services says Pakistan's parliamentary election results set the stage for longer-term stability of its 'B-' sovereign credit rating. Partial results from the elections held May 11 indicate a strong lead for the Pakistan Muslim League-Nawaz party (PML-N). The elections were the first in Pakistan’s history in which an elected government handed power to another elected government.