Pakistan to chair IMF and World Bank boards in 2027, its first such stint in decades

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Pakistan is set to take over the chairmanship of the IMF and World Bank Group boards in 2027. The move marks its return to the position, which it last held in 1953, more than seventy years ago. The role will give Pakistan a larger voice in global economic discussions and in coordinating among member countries. The development comes while Pakistan continues to rely on IMF financial support under several programs aimed at stabilizing its economy.

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