Pakistan to Chair World Bank, IMF Boards in 2027
The appointment marks Pakistan’s first return to the post since 1953, and officials said it will focus on development financing and multilateral coordination.
- On Friday, Pakistan was named the incoming 2027 chair of the Boards of Governors for the World Bank Group and International Monetary Fund, marking the nation's first return to the position since 1953. Federal Minister for Economic Affairs Ahad Khan Cheema will assume the role.
- The announcement occurred during the 2026 WBG-IMF Annual Meetings held in Bangkok, Thailand, which brought together more than 15,000 participants from 191 countries attending the week-long sessions.
- Following the plenary session, Cheema received a briefing from the Corporate Secretariat on chairmanship responsibilities, emphasizing his commitment to amplifying the voice of developing countries and ensuring effective development finance.
- The Ministry of Economic Affairs termed the appointment a "historic milestone," while Cheema met outgoing chair Carlos Carvallo Spalding to discuss the transition and institutional coordination during Pakistan's tenure.
- Pakistan will advocate for financial system reforms during its 2027 term, building on existing IMF engagements under a $7 billion Extended Fund Facility and a $1.4 billion Resilience and Sustainability Facility.
36 Articles
36 Articles
Pakistan IMF 2027 chair is pure ceremony, not power or influence
Pakistan’s Economic Affairs Minister Ahad Khan Cheema has been named incoming chair of the IMF and World Bank Boards of Governors for the 2027 annual plenary in Bangkok. Islamabad’s ministry immediately branded the appointment a “historic milestone,” claiming it would let the country shape global economic discussions. The last time Pakistan held the role was 1953. India’s former IMF executive director Krishnamurthy Subramanian has flatly rejecte…
IMF Borrower Pakistan to Chair IMF and World Bank Boards for First Time Since 1953
Pakistan is waiting to get approval for another $1.2 billion in financial aid from the International Monetary Fund (IMF). This shows that despite stabilising in recent years, Pakistan remains significantly reliant on external lenders. Islamabad will chair the Boards of Governors of the IMF and World Bank Group in 2027 when it assumes the post.Pakistan's request for new funding comes after a staf
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Islamabad PostPakistan to assume chairmanship of WBG, IMF boards in 2027
ISLAMABAD - 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 Economic Affairs Minister Ahad Khan Cheema formally announced as the incoming chair.
Pakistan gets 2027 chairmanship of IMF, World Bank boards after 74 years, calls appointment ‘historic milestone’
Pakistan will chair the boards of governors of the IMF and World Bank Group in 2027, returning to the role after more than 70 years. The appointment was announced at the 2026 annual meetings in Bangkok.
Debt-Trapped Pakistan To Chair IMF, World Bank Boards In 2027
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 plenary session of the 2026 WBG-IMF Annual Meetings in Bangkok.
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