Gilgit-Baltistan: Gilani advises Zardari to reconstitute NEC

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ISLAMABAD: The government has decided to reconstitute the National Economic Council (NEC) by including the Gilgit-Baltistan chief minister and chief secretary as members and Khyber Pakhtunkhwa governor, AJK prime minister and chief secretary as special guests at the NEC meeting. In this regard, Prime Minister Syed Yousaf Raza Gilani on Friday advised President Zardari to reconstitute the National Economic Council (NEC) by including these people. The NEC is the apex economic decision-making body of the federation having representation from all federating units at the level of chief ministers, finance ministers and planning and development ministers from the federal and provincial governments. NEC, headed by the PM, approves the federal government’s Public Sector Development Programme (PSDP), provincial governments’ annual development plans (ADPs) as well as the macro-economic framework of the country at the start of each fiscal year. It also endorses the recommendations of the Executive Committee of the National Economic Council (ECNEC), headed by the federal finance minister. staff report

courtesy: Daily Times October 23, 2010

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