Pakistan's Finance Minister Senator Muhammad Aurangzeb said on Feb. 12 at the AlUla Conference for Emerging Market Economies that emerging markets and developing economies should take a larger role in shaping global economic governance, reflecting their growing contribution to GDP and global growth. He called for coordinated policy responses, implementation of conference outcomes, and cooperation amid geopolitical tensions, trade fragmentation, and rapid AI-driven transformation.
Key Points
- 1Urges emerging markets to assume greater influence in global economic governance
- 2Cites rising share of global GDP and growth amid AI, trade fragmentation, geopolitical tensions
- 3Calls for coordinated policy responses and implementation to strengthen collective voice and resilience
Scoring Rationale
Official statement signals coordinated emerging-market strategy, but lacks concrete policy proposals or implementation specifics now.
Sources
Public references used for this report.
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