Bangkok, Thailand, 15 October 2026 - The Chairman of the Islamic Development Bank (IsDB) Group, H.E. Dr. Muhammad Al Jasser, reaffirmed the Group’s commitment to supporting Pakistan’s sustainable economic growth and long-term development goals during a bilateral meeting with the Federal Minister for Economic Affairs and IsDB Governor for the Islamic Republic of Pakistan, H.E. Mr. Ahad Khan Cheema. The meeting took place on the sidelines of the 2026 World Bank Group and International Monetary Fund Annual Meetings in Bangkok, Thailand.

The discussions underscored both sides’ shared commitment to deepening cooperation and translating strategic priorities into concrete development initiatives that advance Pakistan’s long-term development goals. The two leaders reaffirmed the longstanding strategic partnership between the IsDB Group and Pakistan, a founding member of the Bank since 1974.

Discussions focused on advancing cooperation under the Member Country Partnership Strategy (MCPS) 2026–2030, with an emphasis on translating its priorities into high-impact development initiatives that support Pakistan’s sustainable economic growth. Both sides highlighted the importance of strengthening cooperation to ensure the effective implementation of the strategy and maximise its development impact.

Pakistan remains one of the IsDB Group’s longstanding strategic partners, with cumulative financing reaching approximately US$17 billion. This includes 381 completed operations valued at US$12.8 billion and 38 ongoing operations worth US$4.2 billion, reflecting the depth and scale of the Group’s development engagement with the country.

Dr. Al Jasser reiterated the IsDB Group’s commitment to further strengthening its partnership with Pakistan and supporting the country’s development priorities through continued cooperation under the MCPS 2026–2030, with a shared focus on delivering sustainable and inclusive development outcomes.