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Serial-borrower Pak is chief of global borrowers' club. What it brings to the table

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Pakistan has taken charge of a UN-backed platform that helps developing countries manage debt and make their concerns heard. But Pakistan, which narrowly avoided default in 2023, will get no automatic relief from its own repayments. Here's what an experienced Pakistan would bring to the table.

Pakistan, itself burdened by heavy debt, has taken the chair of a UN-backed forum created to give developing countries a stronger voice on international borrowing. Pakistan's Finance Minister Muhammad Aurangzeb accepted the chairmanship of the Borrow... [3871 chars]

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World
First reported by
India Today
Published
Monday, 19 October 2026, 6:30 am IST
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