Overview
- Pakistan assumed the G-24 chair on Sunday, November 1, 2026, and Finance Minister Muhammad Aurangzeb announced a three‑point agenda to place development at the centre of global economic policymaking.
- Aurangzeb said Pakistan will prioritise affordable and timely development finance, sustainable debt solutions, stronger global financial safety nets, and policies that boost climate resilience.
- The finance minister pledged to press for stronger voice and decision-making for developing countries within multilateral institutions and for more equitable governance at the IMF and World Bank.
- Islamabad said it will work with G-24 members from Africa, Asia, Latin America and the Caribbean, as well as the IMF, World Bank and other partners, to turn collective positions into concrete, practical outcomes.
- The G-24 is a coordination group for developing economies rather than a decision-making body, so Pakistan’s chairmanship is primarily a diplomatic opportunity to influence Bretton Woods policy and to advocate for financing and policy space that can help people in low‑income countries recover and grow.