
ISLAMABAD, 1 November, 2026 (Ghufran): Pakistan has taken over the chairmanship of the Group of 24 (G24), with Finance Minister Muhammad Aurangzeb appointed to lead the group and represent the interests of developing economies in the international financial system. Following the appointment, Aurangzeb said Pakistan would work to ensure a stronger voice and fair representation for developing countries in global financial institutions and decision-making forums. He emphasized that development must remain a key priority in international economic policies, adding that economic stability should create opportunities for investment, generate employment and improve public welfare. The finance minister also highlighted the need for greater participation of developing nations in shaping global financial decisions. He called for accessible and timely financial assistance, sustainable measures to address debt-related challenges and stronger international efforts to tackle climate change. Aurangzeb reaffirmed Pakistan’s commitment to promoting a fairer and more inclusive global financial system that supports the development needs of all countries.