The Economic Affairs Secretary of Pakistan , also referred to as Secretary EAD, is the
Federal Secretary
The federal secretary (also referred to as the secretary to the Government of Pakistan) is the highest-ranking position in the Government of Pakistan, occupied by the most senior civil servant in a specific ministry or division. The secretary is t ...
for the Ministry of Economic Affairs. The position of Secretary EAD is considered to be a lucrative slot in the
federal government
A federation (also known as a federal state) is a political entity characterized by a union of partially self-governing provinces, states, or other regions under a central federal government (federalism). In a federation, the self-govern ...
. The position holder is a
BPS-22 grade officer, usually belonging to the
Pakistan Administrative Service
The Pakistan Administrative Service, or PAS ( ur, ) (previously known as the District Management Group or DMG before 1 June 2012) is an elite cadre of the Civil Services of Pakistan. The Pakistan Administrative Service over the years has emerg ...
. The Secretary heads the EAD, which is the window to deal with external lenders, and plays a key role in assessing and negotiating external economic assistance concerning the
Government of Pakistan
The Government of Pakistan ( ur, , translit=hakúmat-e pákistán) abbreviated as GoP, is a federal government established by the Constitution of Pakistan as a constituted governing authority of the four provinces, two autonomous territorie ...
and its constituent units from foreign governments and multilateral agencies.
Other functions of the Division headed by Secretary EAD includes management of
external debt
A country's gross external debt (or foreign debt) is the liabilities that are owed to nonresidents by residents. The debtors can be governments, corporations or citizens. External debt may be denominated in domestic or foreign currency. It incl ...
, provision of technical assistance to foreign countries, lending and re-lending of foreign loans, and monitoring of
aid utilisation.
See also
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Ministry of Finance, Revenue and Economic Affairs
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Finance Secretary of Pakistan
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Cabinet Secretary of Pakistan
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Planning and Development Secretary of Pakistan
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Commerce Secretary of Pakistan
References
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Ministry of Finance (Pakistan)