Pakistan to assume IMF, WB boards chairmanship for first time since 1953
Pakistan will assume the chairmanship of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) for 2027, with Federal Minister for Economic Affairs Ahad Khan Cheema formally announced as the incoming chair. The announcement, made during the plenary session of the 2026 WBG-IMF Annual Meetings in Bangkok, marked […]
Pakistan will assume the chairmanship of the Boards of Governors for the International Monetary Fund (IMF) and the World Bank Group (WBG) in 2027. Federal Minister for Economic Affairs Ahad Khan Cheema was announced as the incoming chair during the 2026 WBG-IMF Annual Meetings in Bangkok, according to Daily Times and Dawn.
This appointment marks Pakistan's return to the position for the first time since 1953, when Mohamad Ali chaired the eighth annual meetings in Washington. Dawn reports that the chairmanship involves primarily diplomatic and procedural responsibilities and does not grant Pakistan extra authority regarding lending decisions.
Other South Asian nations have previously held the chairmanship, including India in 1950, Sri Lanka (then Ceylon) in 1968, and Nepal in 1999, according to Dawn.
Brief written by urgent.news from Daily Times, Dawn — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Pakistan to chair IMF, WB boards in 2027 tribune.com.pk
