Pakistan assumes G-24 chairmanship

Pakistan has taken over as chair of the Intergovernmental Group of Twenty-Four, with Finance Minister Muhammad Aurangzeb saying the country will press for a stronger role for developing economies in global financial decision-making. Business Recorder reported that the agenda includes reforming multilateral institutions and the international financial system, alongside better access to development funding.

Aurangzeb identified development-focused policymaking, fairer representation and financing that supports climate resilience as priorities. He also said economic stability should underpin investment, jobs and lasting growth, while countries implementing reforms need sufficient funding and room to shape policy. Prime Minister Shehbaz Sharif welcomed the appointment, calling it an important diplomatic achievement and a platform to advance emerging economies’ interests.