PM Imran reconstitutes ECC, tasks Dr Abdul Hafeez Shaikh with running its affairs

Published April 26, 2019
Dr Abdul Hafeez Shaikh, the adviser to the prime minister on finance, revenue and economic affairs, was appointed as chairman of the ECC. — File
Dr Abdul Hafeez Shaikh, the adviser to the prime minister on finance, revenue and economic affairs, was appointed as chairman of the ECC. — File

Prime Minister Imran Khan has reconstituted the Economic Coordination Committee (ECC) of the Cabinet with Dr Abdul Hafeez Shaikh, his adviser on finance, revenue and economic affairs, appointed as the committee's chairman, it emerged on Friday.

A series of notifications were issued in this regard by the Cabinet Secretariat a day earlier, detailing the new composition of the committee's members, which will number 14 in total.

These include the ministers for communications; law and justice; maritime affairs; national food security and research; petroleum; power; planning, development and reform; privatisation; railways; poverty alleviation and social safety; and water resources. It will also include adviser to the prime minister on commerce, textile, industry, and production and investment; and adviser to the prime minister on institutional reforms and austerity.

It may be noted that the minister for poverty alleviation and social safety has not yet been appointed.

According to the notifications, the Cabinet Committee on Energy (CCoE), as well as the Cabinet Committee on Privatisation (CCoP) have also been reconstituted, with Dr Shaikh also leading these.

The CCoE shall consist of seven members, whereas the CCoP will have eight.

Cabinet reshuffle

A major cabinet reshuffle took place earlier this month which saw the stepping down of Asad Umar as minister for finance. Dr Abdul Hafeez Shaikh was then appointed the adviser on finance, tasked with assuming Umar's prior responsibilities.

Dr Abdul Hafeez Shaikh is an internationally renowned economist with more than 30 years of experience in economic policymaking, management and implementation.

He served as the finance minister from 2010 to 2013 during the PPP government's rule.

During his tenure as federal minister, Dr Shaikh completed 34 sale transactions worth Rs300 billion in banking, telecom, electricity, and manufacturing.

Opinion

Chained to the rivers
Updated 18 Jan 2021

Chained to the rivers

There are many state actors who must shoulder the blame for their present condition.
Brave new world
18 Jan 2021

Brave new world

Covid-19 is bringing about a reassessment of the role of markets.
The war comes home
18 Jan 2021

The war comes home

The Capitol riots included several former members of the US military.

Editorial

Updated 18 Jan 2021

More ignominy for PIA

Decades of mismanagement, nepotism and political opportunism were bound to take their toll.
18 Jan 2021

Agriculture woes

AGRICULTURE is the lifeline of Pakistan’s economy. It is a source of livelihood for two-thirds of the country’s...
18 Jan 2021

Internet access

AS the Covid-19 pandemic rages on, and shows few signs of dissipating, one of the many lessons policymakers should ...
Updated 17 Jan 2021

Foreign funding case

THE Election Commission of Pakistan has summoned both the PML-N and PPP on Monday in connection with the foreign...
17 Jan 2021

Vaccine procurement

ALL eyes are on the government as it pledges to roll out the Covid-19 vaccination programme to about 80m citizens by...
17 Jan 2021

Makli ‘renovation’

THERE are fears that the recently conducted ‘renovation’ work carried out at the Makli necropolis may rob the...