Global financial media organization, Bloomberg, has acknowledged Pakistan as an emerging diplomatic and economic power in the region, with growing interest among global investors.

It stated that Pakistan’s active, prudent and forward-looking diplomatic engagement in the Gulf region and the Middle East has enhanced its global standing. Despite the global energy crisis and regional economic challenges, Pakistan has managed to maintain economic stability and regain confidence in international financial markets.

Bloomberg attributed Pakistan’s economic resilience to cooperation with the International Monetary Fund, effective Gulf diplomacy, and financial support from friendly countries, including Saudi Arabia and China.

The report said Saudi Arabia extended support through three billion dollars in deposits and a five-billion-dollar loan facility, while China invested 257 million dollars in Pakistan’s first Panda Bond initiative.

Bloomberg further observed that major global economies are increasingly acknowledging Pakistan’s strategic importance. The report highlighted Gwadar Port’s potential to emerge as a major strategic logistics hub in the region due to its secure geographic location.

Economic experts believe that Pakistan’s geostrategic and defence significance, Gwadar Port’s strategic position, and the country’s growing diplomatic role in the Muslim world are attracting international investors.

They opined that Pakistan will emerge as a leading economic and trade hub in the region over the next few years if the IMF programme, financial assistance from friendly countries, and export-oriented reforms continue.