The Aporia · Pakistan becomes chair of G-24 bloc of developing nations, reaffirms pledge to fairer global financial system

Pakistan took over the chairmanship of the Group of 24 (G-24), an intergovernmental organization representing developing countries, on Sunday. Finance Minister Muhammad Aurangzeb pledged to strengthen the voice of developing economies and push for a more responsive global financial system. He emphasized three strategic priorities: placing development at the center of global economic policy, strengthening multilateral frameworks, and advancing a fair international financial architecture that supports sustainable growth and addresses climate challenges.

Written by AI on 2026-11-01, from this article's own text only (the story summary below draws on all the coverage).

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Pakistan assumed the chairmanship of the Group of 24 (G-24) on November 1, 2026, with Finance Minister Muhammad Aurangzeb pledging to strengthen the collective voice of developing economies and promote a more responsive international financial system. The G-24, established in 1971, is an intergovernmental group that coordinates positions on monetary and financial issues among developing countries. During his tenure, Aurangzeb emphasized the need for affordable development financing, sustainable debt solutions, climate resilience, and increased capital mobilization from both public and private sectors. He also stressed the central role of developing economies in global economic stability and growth.

Written for “Pakistan Chairs G-24 Bloc” on 2026-11-02, grounded in this article and the 0 other(s) covering the same event.

📰 Pakistan Chairs G-24 Bloc

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🔮 Pakistan is also set to host the next meeting of the SCO Council of Heads of State (CHS) after assuming its chairmanship in September.

2026-11-02 · assertive framing · Pakistan assumes chairmanship of SCO Interbank Consortium for 2026-27

🔮 Khyber Pakhtunkhwa Governor Faisal Karim Kundi had condemned the firing, asserting that Pakistan would “never tolerate” attacks on its people or violations of its sovereignty.

2026-11-01 · assertive framing · Pakistan responds to unprovoked firing from Afghan posts along border in Lower South Waziristan: DC

🔮 Lt Gen Chaudhry then recalled that during the May 2025 conflict with India, Pakistan had shot down dozens of highly sophisticated drones sent from across the eastern border.

2026-11-01 · assertive framing · ‘We’re technology-savvy’: DG ISPR says Pakistan ahead of India, Afghan Taliban in operational readiness

🔮 Lt Gen Chaudhry then recalled that during the May 2025 conflict with India, Pakistan had shot down dozens of highly sophisticated drones sent from across the eastern border.

2026-11-01 · assertive framing · 'We're a tech-savvy army': DG ISPR voices confidence in Pakistan's operational readiness for drone warfare

🔮 Lt Gen Chaudhry then recalled that during the May 2025 conflict with India, Pakistan had shot down dozens of highly sophisticated drones sent from across the eastern border.

2026-11-01 · assertive framing · 'We're a technology-savvy army': DG ISPR voices confidence in Pakistan's operational readiness for drone warfare

🔮 A PIA spokesperson at the time said the addition of the Boeing 787-9 Dreamliner would mark the start of the airline’s expansion.

2026-11-01 · assertive framing · PIA's first Boeing 787-9 Dreamliner arrives in Islamabad

🔮 He added that such an approach would enable “developing and low-income economies to move beyond crisis management towards sustainable growth”.

2026-11-01 · assertive framing · Pakistan becomes chair of G-24 bloc of developing nations, reaffirms pledge to fairer global financial system

🔮 US Secretary of State Marco Rubio has said that Washington has “heard” Pakistan’s concerns about terrorism emanating from Afghanistan and if “there’s a productive role for us to play, we would play it”.

2026-11-01 · assertive framing · US hears Pakistan’s concerns over terrorism from Afghanistan, would play ‘productive role’ if there is one: Rubio

🔮 In its statement, the information ministry said the Afghan spokesman’s remarks expose the “regime’s deeply misguided approach and unwillingness to confront the root cause of deteriorating relations with Pakistan”.

2026-10-31 · assertive framing · Pakistan slams Afghan Taliban for 'shifting blame', 'persistent refusal' to address terrorism issues

🔮 In July 2025, a steering committee tasked with developing the Greater Karachi Regional Plan 2047 was informed that the new master plan of the country’s commercial capital would be ready within two years.

2026-10-31 · assertive framing · Sindh CM Murad blames city planners for 'ruining' Karachi

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Pakistan assumed the chairmanship of the Group of 24 (G-24) on Sunday, with Finance Minister Muhammad Aurangzeb expressing the country’s resolve to strengthen the collective voice of developing economies and “advancing a more responsive, fair and development-oriented international financial system”. asserted

Aurangzeb → assume → system

The intergovernmental group is a coalition of developing countries established in 1971 to coordinate their positions on international monetary and financial issues, according to its website. uncertain

group → develop → website

Aurangzeb described the chairmanship as a “profound responsibility”, a handout issued by the Ministry of Finance stated, adding that he also called for “renewed international cooperation, stronger multilateral institutions and reinforced global commitments to address climate shocks, development financing gaps and global economic fragmentation”. asserted

he → describe → shocks

“The future of developing economies is not peripheral to the future of the global economy. asserted

future → develop → economy

It is central to it,” the statement quoted the finance minister as saying. asserted

statement → quote → minister

He further highlighted the “immense potential of emerging and developing nations as drivers of investment, innovation, entrepreneurship and global growth”. asserted

He → highlight → investment

Aurangzeb outlined three strategic priorities for Pakistan under the chairmanship: placing development at the centre of global economic policymaking, strengthening multilateral frameworks, and advancing a development-oriented international financial architecture. asserted

Aurangzeb → outline → architecture

For the first priority, the finance minister stressed the significance of macroeconomic stability, saying that it must be a foundation of investment, productivity, employment and shared prosperity. asserted

it → stress → investment

He added that such an approach would enable “developing and low-income economies to move beyond crisis management towards sustainable growth”. asserted

economies → add → growth

Secondly, he added that under its chairmanship, Pakistan will advocate for “more equitable and fair governance, meaningful participation in decision-making and greater responsiveness of the Bretton Woods institutions to the evolving needs and realities of their members”. asserted

Pakistan → add → members

Thirdly, the finance minister said affordable and timely development financing, sustainable debt solutions, stronger global financial safety nets, climate resilience and greater mobilisation of public and private capital would be prioritised. “Our task is to ensure that the immense potential of developing economies is not constrained by an international financial architecture that has yet to fully adapt to a changing world,” Aurangzeb was quoted as saying. More to follow. asserted

Aurangzeb → say → world

Pakistan becomes chair of G-24 bloc of developing nations, reaffirms pledge to fairer global financial system

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