Pakistan’s economy is making a remarkable turnaround, earning global recognition as an emerging success story. International financial institutions and major credit rating agencies have endorsed the country’s improving economic indicators, affirming that Pakistan is on the path to sustainable growth.
The International Monetary Fund (IMF) has acknowledged Pakistan’s progress, stating that strong reforms have placed the economy on the right track. The International Finance Corporation (IFC) also confirmed long-term development potential and committed to providing Pakistan with $2 billion annually.
Global credit rating agency Fitch has upgraded Pakistan’s rating from CCC to B Positive, while Moody’s has shifted its outlook on Pakistan to “positive,” citing major improvements in key economic indicators.
According to an Ipsos survey, consumer confidence has reached a six-year high. PwC reported that optimism among CEOs regarding national growth has risen sharply, with confidence jumping from 49% to 85%.
The OICCI Business Confidence Index has also improved significantly, moving from 5% to 11%. Gallup’s latest survey further confirmed that economic indicators point clearly toward sustained progress.
The collective recognition positions Pakistan as a promising emerging market on the global economic stage.