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Pakistan records largest drop in default risk among emerging markets
PAKISTAN, JUN 28 – Pakistan's sovereign default risk fell from 59% to 47% in 12 months due to IMF engagement, macroeconomic stabilization, and improved credit ratings, Bloomberg Intelligence reports.
- On June 28, 2025, Pakistan was named the most improved emerging market economy by Bloomberg Intelligence for reducing sovereign default risk.
- This recognition followed Pakistan's 11 percentage point drop in CDS-implied default probability from 59% to 47% over the last 12 months.
- The progress is attributed to key institutional changes, effective collaboration with the IMF, prompt loan servicing, and a resurgence of investor trust in Pakistan’s economic outlook.
- Prime Minister Shehbaz Sharif conveyed his strong approval of the Bloomberg report and acknowledged the tireless efforts and commitment of the economic team.
- This development signals enhanced credibility in international markets and suggests Pakistan is advancing toward a strong economic future with stability and reform.
15 Articles
15 Articles
Pakistan records largest drop in default risk among emerging markets
Pakistan has achieved the world’s steepest decline in sovereign default risk over the past year, leading Bloomberg Intelligence’s Global Emerging Market (EM) Rankings for credit risk improvement, according to data released by the finance minister’s adviser on Saturday. Bloomberg, the international financial information and media firm, has described Pakistan as the most improved economy in terms of reducing default risk. The report attributes thi…
Pakistan tops global emerging market rankings in sovereign risk
KARACHI: Pakistan has recorded the world’s sharpest decline in sovereign default risk over the past year, topping Bloomberg Intelligence’s Global Emerging Market (EM) Rankings for credit risk improvement, according to new data cited by a senior finance official on Saturday. The data, published by Bloomberg’s research arm, showed that Pakistan’s credit default swap-implied
Pakistan’s global risk ranking improvement a positive signal, says APBF
LAHORE: All Pakistan Business Forum (APBF) President Syed Maaz Mehmood has lauded the significant improvement in Pakistan’s economic stability as highlighted by Bloomberg, terming it a clear reflection of investor confidence, responsible fiscal management, and the government’s successful engagement with international financial institutions. He called the development an encouraging milestone for Pakistan’s economic outlook and stressed the need f…
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