Pakistan to assume chairmanship of IMF, World Bank boards in 2027

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

This marks a historic milestone as Pakistan returns to the chairmanship for the first time since 1953. Cheema, who received a briefing from the WBG Corporate Secretariat, emphasized Pakistan's commitment to strengthening the voice of developing countries and promoting effective development financing during his tenure.

Brief written by urgent.news from Dawn Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.