Fears of Pakistan’s potential economic collapse have notably decreased, according to a Bloomberg report, which highlights that Pakistan has become the only country globally showing consistent economic improvements.

The report states that Pakistan has managed to reduce the risk of default at the fastest pace compared to any other country worldwide.

Pakistan’s economic situation has been steadily improving, positioning the country second after Turkey in terms of reduced default risks.

In a statement, Khurram Shehzad, the financial adviser to the Federal Minister of Finance, confirmed that Pakistan is the only nation to have shown consistent quarterly improvements over the past year.

According to Shehzad, the period between June 2024 and September 2025 saw a significant reduction of approximately 2,200 points in Pakistan’s default risk, which marks a major achievement for the country.

The adviser emphasised that the improvement clearly indicated that the country’s economy is heading in the right direction.

Factors behind turnaround

Shehzad noted that Pakistan’s success was rooted in the timely payment of its debts, adherence to the IMF programme, and the implementation of reforms which restored the confidence of financial institutions and investors.

Bloomberg highlighted that Pakistan’s economy had outperformed countries such as South Africa, El Salvador, Egypt, Nigeria, and Argentina, where economic conditions either stagnated or worsened.

Pakistan remains the only country that has consistently shown improvement in each quarter.

Success attributed to economic policies

Experts suggest that Pakistan’s success can be attributed to continuity in economic policies, timely debt repayments, serious implementation of the IMF programme, financial discipline by the government, and positive ratings from global agencies like Moody’s, Fitch, and S&P.

Shehzad stated that these measures helped restore the confidence of foreign investors, leading to increased prospects for investment in the country.

Positive outlook

Shehzad declared, “Pakistan has now moved beyond the risk of default. We are moving toward becoming a stable and confident economy.”

Economic experts believed that if the government maintained this momentum and continued the reform process, Pakistan would not only stabilise its economy but also emerge as a strong player in the global financial markets within the next few years.

According to experts, this economic improvement signals positive prospects for ordinary citizens as well.

A stable economy typically leads to reduced inflation, increased employment opportunities, and better prospects for the local currency.