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Bloomberg ranked Pakistan the World’s Second fastest emerging economy
Bloomberg has ranked Pakistan as the world’s second-most-emerging economy, praising its steady progress and improving financial stability.
According to the latest Bloomberg report, Pakistan is the only country showing consistent economic improvement over the past 15 months. The report noted a major decline in bankruptcy risks, recording an improvement of 2,200 points in default probability.
Bloomberg highlighted that Pakistan’s continuous quarterly growth reflects sustainable economic stability. The government’s consistent policies and IMF program compliance have restored investor confidence and reduced financial risks.
The report also credited timely debt repayments and positive ratings from global agencies for boosting market trust. It stated that Pakistan has now moved beyond fears of default and is emerging as a confident, stable economy with strong investment potential.
Bloomberg concluded that Pakistan’s direction is now positive, with brighter prospects for both local and foreign investors.
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