Pakistan leading emerging markets in reduced default risk

Pakistan is leading the Global Emerging Markets (EM) Rankings, indicating improvement in default risk, Adviser to the Finance Minister Khurram Schehzad said on Saturday.

The current government has reassured that the country has moved onto a path of economic recovery and growth, witnessing “economic stabilisation” after a period of turbulence and uncertainty. Some assessments by global rating agencies have signalled gradual improvements in key economic indicators.

In a statement on X...