Pakistan to Chair IMF and World Bank Boards in 2027 for First Time Since 1953

• Pakistan will chair the IMF and World Bank boards in 2027, marking the first time since 1953.
• Minister for Economic Affairs Ahad Khan Cheema, also Pakistan’s governor to the World Bank, was announced as the incoming chair.
• This role will allow Pakistan to engage in global economic discussions and foster collaboration among member nations.
• Pakistan is currently utilizing financial assistance from the IMF through various programs.