Islamabad: As per the latest data posted by Bloomberg Intelligence, Pakistan stands out globally as the most improved economy in terms of reduction in sovereign default risk, as measured by CDS-implied probability.

Pakistan topped Global EM Rankings in Default Risk Reduction, as the country has recorded the largest drop in sovereign default risk globally over the last 12 months:

- Default probability down from 59% to 47%, a massive 1,100 basis points improvement.

- This marks the sharpest decline among major emerging markets, ahead of Argentina (-7%), Tunisia (-4%), and Nigeria (-5%).

- In contrast, countries like Turkey, Ecuador, Egypt, and Gabon have seen their default risks rise.

This sharp decline in Pakistan's risk signals renewed investor confidence³fueled by:

- Macroeconomic stabilization

- Structural reforms

- Successful IMF engagement and timely debt repayments

- Improved credit outlooks by SandP, Fitch, and others.

This is a resounding signal to global investors: Pakistan is not only back on the map³it is moving forward with stability, credibility, and reform at its core.