After Pak calls its new role at IMF as 'historic milestone', ex-IMF director shreds the claim

India's former IMF executive director Krishnamurthy V Subramanian has responded after Pakistan called its new role at the global financial institution a "historic milestone". "Pakistan will chair the IMF-World Bank Annual Plenary in 2027. This chair is purely ceremonial & rotates annually...It's protocol, not power," Subramanian said. "This chair has no...authority over IMF programs," he added.