ECNEC restructuring under the leadership of Prime Minister Sheikh Hasina
Executive Committee of the National Economic Council or ECNEC.
(ECNEC: Executive Committee of National Economic Council)
What is ECNEC? It is an executive committee under the Cabinet Division of the Government of the People's Republic of Bangladesh.
Reconstitution
of the Executive Committee of the National Economic Council (ECNEC).
Prime Minister Sheikh Hasina will be the chairperson of the committee while Finance Minister AH Mahmood Ali will be the alternate chairperson.
A notification in this regard was issued by the Cabinet Division on Monday (January 22).
Liberation War Affairs Minister AKM Mozammel Haque has been made the head of the Cabinet Committee on Law and Order and the Cabinet Committee on National Awards, while the Cabinet Committee on Economic Affairs and Cabinet Committee on Government Purchase have been formed with the Finance Minister as its convener.
Terms of reference of the 15-member committee: Consideration and approval of Development Project Proposals (DPPs) of all investment projects.
Monitoring of the country's economic situation and review of the overall economic activities and related policy-making issues and consideration and approval of the annual foreign aid targets are reviewed.
Activities of ECNEC: Formulating, reviewing and approving policies for the economic activities of the country including verification of development projects. Approve and verify progress on all investments. The meetings of which are usually held at the NEC conference room in Sher-e-Bangla Nagar under the Planning Division of the Ministry of Planning.