The Prime Minister of Pakistan has expressed satisfaction with Bloomberg’s latest report on Pakistan’s economic stability, stating it strongly indicates the improvement in the country’s financial health.
According to Bloomberg’s report, the country has recorded a significant decrease in credit risk among developing markets, with the probability falling from 59% to 47% over the past 12 months.
The Prime Minister Shehbaz Sharif gave the credit for this achievement to organisational restructuring, successful international agreements, and timely debt repayments.
“This report is evidence of our economic team’s diligent efforts and the nation’s flexibility,” Prime Minister Shehbaz Sharif stated. He emphasised that Pakistan’s economic stability is the result of strategic improvements, reformed investor confidence, and reinforced relations with global financial institutions like the IMF.
