Pakistan named chair of IMF and World Bank boards for 2027

Pakistan has been officially designated as the incoming chair of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank Group (WBG) for 2027. Federal Minister for Economic Affairs Ahad Khan Cheema, who also serves as Pakistan’s governor to the World Bank, was formally announced in the role during the plenary session of the 2026 WBG-IMF Annual Meetings in Bangkok.

According to Dawn - Pakistan and Dawn, this marks the first time Pakistan will hold the chairmanship since 1953. The Ministry of Economic Affairs described the appointment as a historic milestone that would allow the country to contribute to global economic and development discussions. Following the announcement, Cheema was briefed by the WBG Corporate Secretariat on his responsibilities and met with WBG Vice President and Corporate Secretary Aradhana Kumar-Capoor to discuss coordination for the upcoming term.

The 2026 annual meetings in Bangkok are scheduled for October 12 to 18 and involve over 15,000 participants from 191 countries. Premium Times reports that the launch of the Bangkok Blueprint to tackle cyber fraud occurred at the meetings as a response to sophisticated scams threatening financial stability.

Brief written by urgent.news from Daily Times, Dawn - Pakistan, Dawn, Premium Times — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.