Islamabad: The Standing Committee on Economic Affairs Division convened its second meeting at Parliament House, chaired by Muhammad Atif, MNA. The Ministry of Economic Affairs Division (EAD) provided a comprehensive briefing on its evolution, mandate, organizational structure, and key functions.
Dr. Kazim Niaz, Secretary Ministry of Economic Affairs, and officials from the Ministry of Economic Affairs Division, delivered the briefing, offering insights into EAD’s historical evolution, debt management, external debt, and liabilities. The Ministry underscored its commitment to fostering economic growth, stability, and sustainable development through strategic planning and effective policy implementation.
The briefing highlighted EAD’s organizational structure, its role in coordinating with international financial institutions, and efforts to secure and utilize foreign economic assistance. The Ministry also addressed challenges faced, including shrinking concessional finance, global inflation, and changing global priorities.
Muhammad Atif, Chairman of the Standing Committee, remarked, “The briefing has been enlightening, underscoring EAD’s critical role in steering Pakistan’s economic agenda towards sustainable growth and development.” He assured the committee’s support for initiatives leading to economic growth and stability.
Members expressed commitment to navigating challenges and capitalizing on opportunities for economic advancement, aligning strategic priorities with national interests. The briefing concluded with a commitment to collaborative efforts towards achieving shared economic goals.
The meeting was attended by esteemed MNAs and officials from the Ministry of Economic Affairs Division.
