Times of Islamabad

In a first, PTI government launches Economic Outreach Coordination Group initiative

In a first, PTI government launches Economic Outreach Coordination Group initiative

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on NationalSecurity Division and Strategic Policy Planning Dr Moeed Yusuf Saturdaychaired the Economic Outreach Coordination Group (EOCG)’s first meeting.

The National Security Division has created an economic outreach roadmap foreconomic diplomacy, which would now be processed through the ministries andthe assessment of economic potential of ministries.

Chairman Federal Board of Revenue (FBR), the PM’s Secretary, Azam Khan,Secretaries of all federal ministries represented in the PM’s EconomicOutreach Committee and Provincial chief Secretaries attended the meeting,said a press release issued here.

The EOCG’s first task will be to map Pakistan’s comparative advantage inpriority countries.

A mapping exercise of ministries and government organisations was initiatedby the SAPM and presented in the meeting which was previously approved bythe prime minister.

Six major tasks of the economic outreach initiative were further identifiedwhich would streamline coordination among various federal and provincialgovernment organs, rationalize resource allocation and measure performanceagainst set economic diplomacy targets.

The ministries are to finish the external mapping exercise within threeweeks.

The PM’s economic outreach initiative would be a game changer as itreflects a coordinated proactive approach for economic outreach that hasnot been institutionalised since the conception of Pakistan.

The EOCG would meet regularly to fast track the implementation of decisionsand guage results.