Pakistan finance minister calls for global financial architecture reform at G-24 meeting
Senator Muhammad Aurangzeb addressed delegates in Bangkok during the World Bank Group, IMF Annual Meetings 2026 to urge changes to the international financial system.
Challenges facing developing economies
The minister highlighted fragmentation that disrupts trade and investment as a major hurdle. Climate shocks are also eroding development gains while restrictive financial conditions widen financing gaps for these nations.
Priorities for the G-24
Pakistan plans to restore development as the central objective of the international financial system. The group aims to make Bretton Woods institutions more representative and responsive to current needs.
Commitment to cooperation
Aurangzeb emphasized the need for timely support for countries undertaking difficult reforms while confronting external shocks. He also expressed appreciation for Nigeria's leadership in fostering cooperation among members and institutional partners.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Business Recorder
- Associated Press of Pakistan
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