Islamabad: Senator Muhammad Aurangzeb, Pakistan’s Federal Minister for Finance and Revenue, has outlined his priorities for the country’s term as Chair of the Intergovernmental Group of Twenty-Four (G-24), emphasizing a stronger voice for the Global South in international financial discussions. The minister’s comments came after a virtual briefing from Dr. Iyabo Masha, Director of the G-24 Secretariat, which detailed the responsibilities and forthcoming initiatives of the Chairmanship assumed by Pakistan on November 1, 2026.
According to Press Information Department, the briefing, which included participation from Mr. Saif Ullah Dogar, Senior Advisor to the Executive Director at the International Monetary Fund, covered the G-24’s institutional framework and upcoming policy agenda. The Finance Minister expressed appreciation for the Secretariat’s role and outlined his vision for Pakistan’s Chairmanship, focusing on policy coordination and consensus-building.
Senator Aurangzeb highlighted the need for the G-24 to play a significant role in global economic discussions, particularly in reforming the international monetary system and addressing vulnerabilities in emerging markets. He stressed the importance of reflecting the development priorities of these economies in decisions made by international financial institutions.
The minister also pointed to the opportunity for Pakistan to foster convergence on issues crucial to the Global South and enhance the collective influence of developing economies on the global stage. He advocated for practical policy proposals to accompany stronger representation.
With global uncertainties and economic pressures mounting, the Finance Minister emphasized a responsive G-24 agenda that aligns with development priorities. He reaffirmed Pakistan’s dedication to a results-oriented Chairmanship supported by active engagement and a clear set of policy objectives.
Preparations for the G-24 Technical Group Meeting, to be hosted by Pakistan in February 2027, formed part of the discussion. The Finance Minister underscored the need for thorough preparation and broad participation to ensure the meeting’s effectiveness in shaping subsequent ministerial discussions.
Looking forward, the minister emphasized ongoing coordination with the G-24 Secretariat and member consultations to identify shared priorities and develop actionable proposals. He reiterated Pakistan’s commitment to advancing the Global South’s interests and contributing to a more inclusive international financial system.