ISLAMABAD:  Pakistan will assume the chairmanship of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) in 2027, marking its return to the prestigious position for the first time since 1953.

Federal Minister for Economic Affairs Ahad Khan Cheema, who also serves as 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, Thailand, on October 16, according to the Ministry of Economic Affairs. 

The government described the appointment as a historic milestone, saying........

© Naya Daur