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Pakistan World

Pakistani Legislator Joins IMF, World Bank Board

Pakistani Legislator Joins IMF, World Bank Board

In a groundbreaking development for Pakistan, a Pakistani lawmaker has achieved the historic feat of being elected as a member of the parliamentary board for the International Monetary Fund (IMF) and the World Bank. Senator Faisal Saleem Rahman, hailing from Khyber Pakhtunkhwa, secured this prestigious position. This marks the first instance in the nation’s history where a parliamentarian has attained membership on the IMF and World Bank board, reflecting a significant stride in international financial representation.

The parliamentary network on IMF and World Bank consists of 140 member countries, collaboratively formulating proposals aimed at fostering economic stability and alleviating poverty on a global scale.

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Senator Faisal, who assumed his role in the Senate of Pakistan in March 2021, is set to serve a six-year term concluding in March 2027. This notable achievement not only highlights Senator Faisal’s individual success but also signifies Pakistan’s increasing influence and participation in crucial international economic forums, reinforcing its commitment to addressing global economic challenges and contributing to poverty eradication initiatives.