Pakistan has recorded the fastest decline in sovereign default risk and now ranks second globally, just after Türkiye.
Khurram Shehzad, Advisor to the Federal Finance Minister, wrote in a post on X that Pakistan is the only country that has shown consistent improvement in default risk over the past year.
He stated that the country has made steady progress every quarter, making it the only economy to achieve this.
According to Khurram Shehzad, the most significant reduction in sovereign default risk was observed over the past 15 months.
