Pakistan to Chair IMF and World Bank Boards in 2027 After 74 Years
· World · LiveMint, NDTV, India Today
Pakistan will take over as chair of the Boards of Governors of the International Monetary Fund and the World Bank Group in 2027, marking its return to the position after more than seven decades. The appointment was announced during the plenary session of the 2026 annual meetings in Bangkok, which brought together more than 15,000 participants from 191 countries. Ahad Khan Cheema, Pakistan's Minister for Economic Affairs and its governor to the World Bank, was named the incoming chair. Pakistan's Ministry of Economic Affairs described the appointment as a historic milestone that will allow Islamabad to participate in global economic discussions and amplify the perspectives of developing economies. Pakistan is currently engaged with the IMF under a USD 7 billion Extended Fund Facility and a USD 1.4 billion Resilience and Sustainability Facility.
Why it matters
The chairmanship gives Pakistan a prominent platform to influence global financial discussions and multilateral development policy, while engaging with major international financial institutions as it navigates its own economic support programmes.
Read the original report — LiveMint
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