Pakistan to chair IMF and World Bank boards in 2027: What it means
Pakistan has been selected to chair the Boards of Governors of the International Monetary Fund (IMF) and World Bank Group in 2027. The appointment marks the country’s return to the position after 74 years. Economic Affairs Minister Ahad Khan Cheema was announced as the incoming chair during the annual meetings in Bangkok on October 16. […]
Pakistan has been selected to chair the Boards of Governors of the International Monetary Fund (IMF) and the World Bank Group in 2027. Economic Affairs Minister Ahad Khan Cheema, who also serves as Pakistan's governor to the World Bank, was announced as the incoming chair during the annual meetings in Bangkok on October 16.
This appointment marks Pakistan's return to the position after 74 years, having last held it in 1953. According to Dawn, the chairmanship involves primarily diplomatic and procedural responsibilities and does not grant Pakistan extra authority regarding lending decisions by either institution.
Brief written by urgent.news from Daily Times, NDTV, Dawn — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Opposing Thai views on IMF and World Bank Protests Expose a Divide in Empathy khaosodenglish.com
- What does assuming the chairmanship of the IMF, World Bank governing boards mean for Pakistan? dawn.com
- 1.2 billion young people to jostle for 400 million jobs globally – World Bank president dailypost.ng
- Qatar joins meeting of Arab governors and World Bank Chief thepeninsulaqatar.com
- World Bank’s $5.79 billion financing will boost ongoing business expansion efforts – Tinubu premiumtimesng.com
