Islamabad, Nov. 9 -- Pakistan has been urged to take a leading role in reforming the global financial system as mounting debt pressures threaten economic stability across developing countries. The country's upcoming chairmanship of the IMF-World Bank Boards of Governors in 2027 presents an opportunity to push for meaningful changes, as reported by The Express Tribune.

According to the newspaper, the warning follows the United Nations' Fourth Financing for Development Conference, held in Seville in July 2025, and the IMF and World Bank annual meetings in Bangkok last month. Planning Minister Ahsan Iqbal also stressed the need for a fundamental overhaul of the international financial architecture during the Sustainable Development Policy I...