The government has decided to set up the Economic Executive Council (EEC) in an attempt to shore up efforts to arrest downward trend in the economic indicators. In addition, there are the Economic Advisery Council and the Economic Advisory Group that have representation of the private sector. The EEC seems to have little room for manoeuvring as the country’s economic policy is now defined under the International Monetary Fund (IMF) programme. All of them are already members of the ECC –the economic policy-making body of the federal cabinet. “The Economic Executive Council (EEC) is constituted to review the overall economic condition of the country and take possible corrective measures considering available resources of the country”, reads the Finance Ministry’s notification.

Source: The Express Tribune December 16, 2021 07:33 UTC