Pakistan set to chair IMF and World Bank boards in 2027

Summary

Pakistan is set to chair the IMF and World Bank boards in 2027 while awaiting fresh loan approval, Hindustan Times reports. The Hindu and Hindustan Times say it will be the first time since 1953; The Hindu reports that Economic Affairs Minister Ahad Khan Cheema, also Pakistan’s World Bank governor, was formally announced as incoming chair during the 2026 WBG-IMF Annual Meetings in Bangkok. NDTV reports that Pakistan’s ministry called the development a historic milestone.

Timeline

1. The Hindu

   16 Oct 2026, 09:30 UTCSource ↗

   The Hindu reports that Ahad Khan Cheema was formally announced as the incoming chair during the plenary session of the 2026 WBG-IMF Annual Meetings in Bangkok, with Pakistan set to chair the boards in 2027 for the first time since 1953.

2. NDTV

   16 Oct 2026, 17:53 UTCSource ↗

   NDTV reports that Pakistan’s ministry termed the development a historic milestone.

3. Hindustan Times

   17 Oct 2026, 04:25 UTCSource ↗

   Hindustan Times reports that Pakistan is set to chair the IMF and World Bank boards while awaiting fresh loan approval, and says the ministry described it as the first time since 1953.