PM reconstitutes ECC, ECNEC.ISLAMABAD -- Prime Minister Raja Pervez Asharaf has reconstituted a thirteen (13) member Economic Coordination Committee Economic Coordination Committee is a cabinet level committee responsible for final decisions relating to economy in Pakistan. of the Cabinet (ECC (1) (Error-Correcting Code) A type of memory that corrects errors on the fly. See ECC memory.
(2) (Elliptic Curve Cryptography) A public key cryptography method that provides fast decryption and digital signature processing. ) with Federal Minister for Finance Dr.Abdul Hafeez Shaikh as its Chairman.
According to a Notification of the Cabinet Secretariat, Deputy Prime Minister/Senior Minister for Industries, Ministers for Commerce, Communications, Law and Justice, National Food Security of Research , Port and Shipping ,Privatization Production, Railways, Science and Technology, Textile Industry and Water and Power would be the members of the newly constituted Committee.
The Notification further said that Minister for Information and Broadcasting, Advisor to the Prime Minister on Petroleum and Natural Resources, Minister of State for Production, Deputy Chairman Planning Commission , Governor State Bank of Pakistan The State Bank of Pakistan (SBP) is the central bank of Pakistan. While its constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until January 1, 1974, when the bank was nationalised, the scope of its functions was , Chairman Securities and Exchange Commission of Pakistan The Securities and Exchange Commission of Pakistan (SECP) is an organization whose purpose is to develop a modern and efficient corporate sector and a capital market based on sound regulatory principles, in order to foster economic growth and prosperity in Pakistan. , Chairman Board of Investment, Special Assistant to Prime Minister on Water resources and Agriculture, Secretary, Commerce Division, Secretary Communication Division, and Secretary Economic Affairs Division would be invited by special invitation for all items of the agenda.
Meanwhile in an another Notification issued by the Cabinet Secretariat/Cabinet Division, Prime Minister Raja Pervez Ashraf has also reconstituted the eight (8) members Executive Committee of National Economic Council (ECNEC) with Federal Minister for Finance and Economic Affairs, Dr.Abdul Hafeez Shaikh as its Chairman.
The other members of the ECNEC would be Dr.Arbab Alamgir Khan Minister for Communication, Mir Changez Khan Jamali ,Minister for Science and Technology, Ch.Ahmad Mukhtar ,Minister for Water and Power, Minister for finance Government of Balochistan Government of Balochistan is based in the largest province of Pakistan in Quetta. The head of the province is the Governor, who is nominated by the President of Pakistan. While the head of the Government of Balochistan is the Chief Minister who is elected by the Balochistan Representative of Balochistan on NEC, Senior Minister for Planning and Development and Power ,Government of Khyber Pakhtunkhwa on NEC, Senator Muhammad Ishaq Dar Representative of Punjab on NEC, and Hussain Mirza Representative of Sindh on NEC.
According to the notification, the Prime Minister has also directed that following officials on Federal Government and Provincial Governments would attend the meeting of the ECNEC by Special invitation ,for all items of the agenda.
1-Mir Israrullah Zehri Minister for National Food Security and Research.
2-End.Shaukatullah Minister of State for Frontier Region.
3-Haji Ghulam Ahmed Bilour Minister for Railways.
4-Makhdoom Shahbuddin Minister for Textile Industry.
5-Mir Hazar Khan Bijarani, Minister for Inter Provincial Coordination.
6-Deputy Chairman Planning Commission.
7-Secretary Economic Affairs Division.
8-Secretary Finance Division.
9-Secretary Planning and Development Division.
10-Secretary Statistics Division.
11-Chairman Planning and development division Government of Punjab The Government of Punjab, a provincial government in the federal structure of Pakistan, is based in Lahore, the capital of Punjab Province.
The Punjab or Panjab (Punjabi: پنجاب) province of Pakistan is the country's most populous region and is .
12-Additional Chief Secretary ,Planning and Development department
Government of Sindh Government of Sindh is based in Karachi, Sindh, Pakistan. (Sind) سندھ is one of the four provinces of Pakistan and is home to the Sindhis and various other groups. .
13-Additional Chief Secretary ,Planning and Development department
Government of Khyber Pakhtunkhwa and
14-Additional Chief Secretary ,Planning and Development department
Government of Balochistan.
Other officers of the Federal and Provincial governments as well as the governments of AJ&K, Gilgit Baltistan and FATA would be invited to the meetings of ECNEC on need basis, the notification said.
One half of the total members of the ECNEC would be the quorum for its meetings as provided in article 156 (4) of the Constitution for the meetings of the National Economic Council (NEC).
Secretariat assistance to the ECNEC would be provided by the Cabinet Division.