Pakistan has reached the highest decline in the world of the risk of sovereign defect in the past year, leading the data published by the Bloomberg Intelligence Minister, the Minister of Finance’s adviser on Saturday.
Bloomberg, the International Financial Information and Media Company, described Pakistan as the most improved economy in terms of reduction in default risks. The report attributes this progress to the renewed confidence of investors, to macroeconomic stabilization, to structural reforms, to a successful commitment with the International Monetary Fund (IMF), time debt reimbursements and the positive credit prospects of global rating agencies, in particular Fitch and S&P.
According to the Bloomberg research division, the probability of defecting credit defect (CDS) from Pakistan (CDS) increased from 59% to 47% in the last 12 months – a drop of 11 percentage points and the largest reduction among emerging markets in the world.
This improvement exceeds other countries such as Argentina, Tunisia and Nigeria, while certain nations, including Egypt, Gabon and Turkey, have seen their default risks increase.
Breaking: Pakistan directs the world in improvement of sovereign risks – Tops Global EM Classes
According to the latest data published by Bloomberg Intelligence, Pakistan is distinguished in the world as the most improved economy in terms of reducing the risk of sovereign defect, as measured by … pic.twitter.com/fx4fr8qvfd
– Khurram Schehzad (@Kschehzad) June 28, 2025
Khurram Shehzad, adviser to the Minister of Finance, went to the social media platform X to highlight the realization of Pakistan, declaring that the country “stands out worldwide as the most improved economy in terms of reducing the risk of sovereign defect”.
Learn more: Pakistan, WB Boost Lies with a frame of $ 40 billion
He also added that this “marks the clearest decline among the main emerging markets” and credited factors such as macroeconomic stabilization, structural reforms, successful commitment to the IMF and debt reimbursements in a timely time for the positive trend.
“This is a resounding signal to global investors that Pakistan is not only back on the map-it goes forward with stability, credibility and reform at the base,” he said.
Prime Minister Shehbaz Sharif praised the Bloomberg report, expressing his satisfaction with the recognition of the economic stability of Pakistan.
“The report recognizes important institutional reforms in various sectors, a successful agreement with the IMF and reimbursements of loans in a timely time, which are definitively evidence of improvement in the economic situation of the government,” he said.
Also read: The global classification of the green passport improves
He added that Pakistan was one of the few countries to show the most economical improvement of the past year, according to Bloomberg data, and said that the country quickly progressed to a stronger economic future.
The Prime Minister attributed these gains to the sustained efforts and dedication of the government’s economic team.
