The Economic Coordination Committee ( reporting name:ECC), ( ur, ) is a principle federal institution and a consultative forum used by the people-elected

Prime Minister of Pakistan The prime minister of Pakistan ( ur, , romanized: Wazīr ē Aʿẓam , ) is the head of government of the Islamic Republic of Pakistan. Executive authority is vested in the prime minister and his chosen cabinet, despite the president of Pak ...

as its chairman, for concerning matters of

state State may refer to: Arts, entertainment, and media Literature * ''State Magazine'', a monthly magazine published by the U.S. Department of State * ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States * ''Our S ...

economic security Economic security or financial security is the condition of having stable income or other resources to support a standard of living now and in the foreseeable future. It includes: * probable continued solvency * predictability of the future cash fl ...

, geoeconomic, political economic and

financial endowment A financial endowment is a legal structure for managing, and in many cases indefinitely perpetuating, a pool of financial, real estate, or other investments for a specific purpose according to the will of its founders and donors. Endowments are o ...

issues. Although it is often chaired by the

Finance Minister A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", ...

and the senior economic officials as its members on multiple occasions, the key executive authorization on key economic policies are made by the

Prime Minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is ...

of Pakistan who reserves the right call upon and serves as the chairman of the ECC. Established in 1965 by

President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university * President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ...

Ayub Khan Ayub Khan is a compound masculine name; Ayub is the Arabic version of the name of the Biblical figure Job, while Khan or Khaan is taken from the title used first by the Mongol rulers and then, in particular, their Islamic and Persian-influenced s ...

, its primary functions and responsibility is to finalize executive economic decisions to national economy, and to assist Prime Minister and his key staff on issues involving the economic security, threat of war, economic effects of nuclear weapons, and challenges in geoeconomic policies. The ECC served as Prime Minister's principal decision-making and consultative forum for coordinating

and geo-economic policies among various government institutions and ministries. The DCC is a counterpart of the national security councils of many other nations. Its national security counterpart is DCC, and counterpart of the Monetary Policy Committees of many other nations. The Economic Coordination Committee (ECC) was formed in 1965 by the government, handing over the chairmanship of the (ECC) to

of Pakistan as its central and designated chairman. The ECC was chair by the Finance minister with almost weekly meetings of its members, who are ministers in charge of economic ministries. However, after the

1971 war The Indo-Pakistani War of 1971 was a military confrontation between India and Pakistan that occurred during the Bangladesh Liberation War in East Pakistan from 3 December 1971 until the Pakistani capitulation in Dhaka on 16 Decemb ...

with

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area, the List of countries and dependencies by population, second-most populous ...

, its chairmanship was handed over to the

, and in 1993, the ECC's chairmanship was permanently handed over to the

of Pakistan. Along with its counterpart DCC, the ECC more densely emphasized its economic and financial role in country's nuclear

command and control Command and control (abbr. C2) is a "set of organizational and technical attributes and processes ...

hat A hat is a head covering which is worn for various reasons, including protection against weather conditions, ceremonial reasons such as university graduation, religious reasons, safety, or as a fashion accessory. Hats which incorporate mecha ...

employs human, physical, and information resources to solve problems and accomplish missions" to achieve the goals of an organization o ...

since the 1980s."Nuclear Choice for Energy Policy," BBC Summary of World Broadcasts, 16 July 1980, Part 3. The Far East, WeeklyEconomic Report, A. Economic and Scientific, Pakistan. Society and Environment, FE/W1091/A/25; in Lexis-Nexis Academic Universe, 16 July 1980, www.lexisnexis.com. In May 1998, the emergency meetings, along with the DCC, provided a great environment of its performance when Prime minister Nawaz Sharif ordered Pakistan's first public nuclear tests,

Chagai-I Chagai-I is the code name of five simultaneous underground nuclear tests conducted by Pakistan at 15:15 hrs PKT on 28 May 1998. The tests were performed at Ras Koh Hills in the Chagai District of Balochistan Province. Chagai-I was Pakistan' ...

which was followed by

Chagai-II Chagai-II is the codename assigned to the second atomic test conducted by Pakistan, carried out on 30 May 1998 in the Kharan Desert in Balochistan Province of Pakistan. ''Chagai-II'' took place two days after Pakistan's first successful test, ...

, after the DCC and ECC council conveyed various civil-military sessions with the Prime minister and the military leadership. The Economic Coordination Committee has control for all important economic decisions and finalizes, promulgated the economic policies in the country.

References

{{Cabinet of Pakistan , state=collapsed Cabinet of Pakistan 1965 establishments in Pakistan Economic planning in Pakistan Nuclear command and control Continuity of government in Pakistan Pakistan federal departments and agencies

See also

References