Pakistan’s Finance Minister Ahad Khan Cheema has been named chair of the governing boards of the International Monetary Fund (IMF) and the World Bank Group for 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.
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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.
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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
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