Pakistan to Chair IMF-World Bank Boards in 2027

Pakistan’s Ministry of Economic Affairs announced the decision on Friday, saying his name was formally announced during the plenary session of the 2026 WBG-IMF Annual Meetings in Bangkok, Thailand. Pakistan is set to assume the role for the first time since 1953.

Cheema emphasized the importance of giving developing countries a stronger voice, making development financing more effective and predictable, and expanding private investment to support sustainable growth.

Pakistan currently has an ongoing $7 billion Extended Fund Facility (EFF) programme and a $1.4 billion Resilience and Sustainability Facility (RSF) programme with the IMF.

Source: Dawn