Pakistan G24 chairmanship to push fairer finance for South

Pakistan G24 chairmanship begins as Finance Minister Muhammad Aurangzeb presses for global financial reforms that widen developing countries' voice in world institutions.

Pakistan has taken the chair of the Intergovernmental Group of Twenty-Four (G-24), a forum of developing countries.

Finance Minister Muhammad Aurangzeb set three goals: centre development in policy, expand representation, and update the world financial system.

He urged affordable development finance, workable debt options, stronger safety nets, climate resilience, and more public and private capital.

Islamabad will coordinate with G-24 peers across regions and with the IMF and World Bank; Nigeria was thanked as the previous chair.

The Finance Division issued the remarks on Sunday.

Read the full story

Zaviya News