PM calls first meeting of NEC to discuss five-year economic plan

ISLAMABAD: Prime Minister Shehbaz Sharif called for the inaugural meeting of the National Economic Council (NEC) on Sunday to deliberate on a comprehensive five-year plan.

On Friday, the Prime Minister established the National Economic Council to finalize significant economic projects. The Prime Minister will personally chair the NEC meeting.

The council will deliberate on the economic plans for the next five years and provincial development plans.

The council will also discuss the Public Sector Development Programme and the Federal Enterprise Development Programme.

It will also review matters related to the budget. Progress reports of the Economic and Central Development Working Party will also be assessed. The National Economic Council will also provide recommendations on all IMF economic projects. All four provincial chief ministers will be part of the first meeting of the National Economic Council.

Deputy Prime Minister Ishaq Dar, Defense Minister Khawaja Asif, Finance Minister Mohammad Ishaq Dar, and Planning Minister Ahsan Iqbal are also included as members.

The council’s members include Senior Minister Marriyum Aurangzeb from Punjab, Muzammil Islam from KP, Jam Khan Shoro from Sindh, and Zahoor Balidi from Balochistan. Federal Minister Ahmad Cheema, Deputy Chairman of Planning, and Secretaries of Finance, Economic Affairs, and Planning will also receive special invitations of the meeting.

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