Islamabad: The cabinet has given free hand to the Finance Minister Ishaq Dar to implement the decisions of the Economic Coordination Committee (ECC) without ratification on reversing decisions taken by the previous Pakistan Peoples Party (PPP) government.
According to the documents available with The Express Tribune, the cabinet in its meeting held on July 25 was informed that Dar, who is also the chairman of the ECC, had proposed the restoration of the charter and mandate of the ECC whereby the body will be the final decision maker on economic policy of the country.
Free hand: Finance minister handed absolute control over economic decisions
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| The Finance Minister Ishaq Dar |
In the meeting, it was said that the restriction imposed by the then prime minister on March 13, 2009 regarding ratification of the decisions of the ECC by the cabinet did not serve the purpose of good governance and efficient decision-making. It was further said that removing bureaucratic red tape, speedier action to resolve the vital economic issues was not possible if the ECC kept on operating in such a restricted environment.
[Source]
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