Pakistan to assume IMF, World Bank board chairmanship for first time in over 7 decades
Pakistan has been named the incoming chair of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank Group (WBG) for next year, for the first time since 1953, the Ministry of Economic Affairs said on Friday. Federal Minister for Economic Affairs Ahad Khan Cheema, who is also Pakistan’s governor to the World Bank, was formally announced as the incoming chair during the…
Pakistan has been appointed to hold the chairmanship of the Boards of Governors for the International Monetary Fund (IMF) and the World Bank Group (WBG) for the first time since 1953. Federal Minister for Economic Affairs Ahad Khan Cheema, who is also Pakistan’s governor to the World Bank, will assume the role during the 2026 WBG-IMF Annual Meetings in Bangkok, which run from October 12 to 18.
The development is described as a "historic milestone" by the Ministry of Economic Affairs, as Pakistan will return to the chairmanship for the first time since 1953.
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