Posted 3/7/2024, 2:53:28 AM
Creditors Cautiously Optimistic on Pakistan Creditworthiness After Elections, But IMF Deal and Reforms Still Key
- Creditors see IMF deal as key to Pakistan's creditworthiness post-elections
- Most creditors believe political risk is subsiding after elections
- Pakistani bond prices have risen across maturities since elections, signaling returning confidence
- Risks remain, including negotiating an IMF program and challenges with implementation
- Cautious confidence is returning but structural changes needed to anchor stability long-term
