Who are part of PM’s newly-formed Economic Advisory Council?

Prime Minister Shehbaz Sharif has announced the formation of an Economic Advisory Council (EAC), comprising nine members, aimed at providing strategic economic guidance to the Government of Pakistan. The Finance Division has issued an official notification detailing the establishment and composition of the Council.

According to the notification, Prime Minister Shehbaz Sharif will serve as the chairman of the Economic Advisory Council, which is tasked with advising the government on economic matters, including budgetary policies and fiscal strategies. The Council’s mandate also extends to reviewing subsidies, and financial reforms, and proposing recommendations to enhance the overall economic landscape of the country.

Among the prominent members appointed to the Economic Advisory Council are Jahangir Tareen, Saqib Shirazi, and Shahzad Saleem, along with Musadik Zulqarnain, Dr. Ijaz Nabi, Asif Peer, Ziad Bashir, and Salman Ahmed. Their diverse expertise and experience are expected to enrich the council’s deliberations and contribute to the formulation of effective economic policies.

The establishment of the Economic Advisory Council underscores the government’s commitment to soliciting expert advice and fostering informed decision-making processes in matters of economic significance. It is anticipated that the council will play a pivotal role in shaping the country’s economic trajectory and addressing key challenges facing Pakistan’s economy.

Additionally, the Prime Minister is expected to engage with the Economic Advisory Council on crucial matters such as budgetary allocations, economic reforms, and ongoing negotiations with international financial institutions, including the International Monetary Fund (IMF).

It is noteworthy that Jahangir Tareen’s inclusion in the Economic Advisory Council comes after he retired from active politics following his defeat in the February 8 general elections. His expertise in economic affairs is expected to further enrich the council’s discussions and recommendations.