Aurangzeb sets priorities for Pakistan’s G-24 Chairmanship

Islamabad: Finance Minister Sen. Muhammad Aurangzeb received a virtual briefing from Dr. Iyabo Masha, Director of the G-24 Secretariat, on November 1, 2026, regarding Pakistan's upcoming Chairmanship of the Intergovernmental Group of Twenty-Four (G-24). Dr. Masha outlined the Group's institutional framework, policy agenda, and engagement with international financial institutions.

The Finance Minister appreciated the G-24 Secretariat's role in advancing the interests of emerging markets and developing economies and shared his vision for Pakistan's tenure, focusing on policy coordination, consensus-building, and substantive engagement. He emphasized strengthening the G-24's role in global economic discussions, particularly reforms of the international monetary and financial system, access to development financing, and enhancing resilience in emerging markets.

Senator Aurangzeb highlighted the importance of Pakistan's Chairmanship in building convergence around issues of common interest to the Global South and ensuring these economies' perspectives are reflected in international financial institutions' deliberations. He stressed the need for a G-24 agenda that addresses emerging risks while remaining anchored in development priorities.

The Finance Minister affirmed Pakistan's commitment to a substantive, inclusive, and results-oriented Chairmanship, supported by engagement with member countries, consensus-building, and actionable policy priorities. He aimed to foster greater convergence within the G-24 while contributing constructively to global economic and financial system reforms.

The briefing also discussed preparations for the G-24 Technical Group Meeting in February 2027, stressing the importance of early preparation, broad participation, and substantive policy deliberations.