National Economic Council (Pakistan)

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National Economic Council
ملی اقتصادی کونسل
Agency overview
Formed8 June 2022
Jurisdiction Government of Pakistan
Agency executive

The National Economic Council (NEC) in Pakistan is a constitutional entity tasked with evaluating the nation's economic state and devising strategies to promote equitable development and regional balance. Functioning within the framework of Article 156 of the Constitution of Pakistan, it plays a vital advisory role to both federal and provincial governments on matters pertaining to finance, commerce, social welfare, and economic policies. [1]

History

President Dr. Arif Alvi granted approval for the reconstitution of the NEC on 8 June 2022, in accordance with the guidelines outlined in Article 156 of the Constitution. The NEC consists of a total of 13 members, led by the Prime Minister of Pakistan, who serves as the chairman. In addition to the chief ministers from all provinces, the council includes various federal ministers and nominated representatives from different political parties and provinces. [2] [3] [4]

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References

  1. Kiani, Khaleeq (7 June 2023). "National Economic Council sets economic growth target at 3.5pc". DAWN.COM.
  2. Reporter, The Newspaper's Staff (8 June 2022). "President approves reconstitution of National Economic Council". DAWN.COM.
  3. "President okays reconstitution of National Economic Council". Tribune.com.pk. 7 June 2022. Retrieved 10 July 2023.
  4. "President approves reconstitution of National Economic Council". 22 March 2023.