Balanced
War crisis surprise: Pakistan is busting long-held global investing myths—here's how
Despite twin deficits and an oil shock, Pakistan's economy exhibits surprising resilience, defying conventional emerging market wisdom. Its crucial strategic geopolitical importance attracts substantial financial support from Saudi Arabia and China. This backing (deposits, loans, bonds) stems from Pakistan's peace-brokering role and military strength. Such external assistance eases borrowing constraints and bolsters financial stability. Pakistan is shedding its "failed state" image, proving geopolitical value can override traditional economic vulnerabilities in a shifting world order.
LiveMint · mint · May 27, 2026 at 9:31 AM