BusinessPhoto: WIONPakistan to Chair IMF and World Bank Boards in 2027 After 74 Years
Pakistan will chair the boards of the International Monetary Fund (IMF) and the World Bank in 2027, marking the first time since 1953 that it holds this position. This comes amid Pakistan's ongoing economic crisis and its significant borrowing from the IMF. The Board of Governors is the highest decision-making body of the IMF, highlighting the importance of this role for Pakistan.
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