Islamabad, June 28, 2025: Prime Minister Shehbaz Sharif has welcomed a recent Bloomberg report highlighting Pakistan’s improving economic outlook, calling it a testament to the government’s fiscal discipline and effective economic management.
The Bloomberg analysis revealed that Pakistan’s credit risk among developing markets has dropped significantly, with default probability declining from 59% to 47% over the past 12 months. The report placed Pakistan ahead of several emerging economies in terms of risk reduction, signaling renewed global trust in the country’s financial direction.
“This report is evidence of our economic team’s diligent efforts and the nation’s resilience,” Prime Minister Shehbaz Sharif said. “Strategic reforms, successful international engagements, and timely debt repayments have laid the foundation for sustainable growth.”
The premier credited the improved economic indicators to a combination of institutional restructuring, investor confidence, and strengthened partnerships with global financial institutions such as the International Monetary Fund (IMF).
He reiterated that Pakistan is moving swiftly toward a stronger economic future, with macroeconomic indicators showing consistent signs of recovery. The Bloomberg report, he noted, serves as a “beacon for international investors” and affirms the country’s economic turnaround.
In a related development, Pakistan on Friday signed a $350 million financing agreement with the Asian Development Bank (ADB) to support the Women Inclusive Finance Sector Development Program.
The agreement includes a $300 million policy-based loan and a $50 million intermediary loan, aimed at enhancing women’s access to finance and promoting their participation in business, employment, and entrepreneurship.
The deal was signed by Additional Secretary Sabina Qureshi on behalf of Pakistan and ADB Project Leader Dinesh Raj Shivakoti for the bank.
Earlier this month, Pakistan and ADB had also signed a $300 million loan agreement under the Improved Resource Mobilisation and Utilisation Reform Program (Subprogram II), reflecting continued international support for Pakistan’s reform agenda.
