Technical teams formed to simplify approval process of development portfolio

Dunya News

Adviser to the PM on Finance and Revenue Dr Abdul Hafeez Shaikh chaired a meeting yesterday.

(APP) – The government’s economic team has entrusted technical teams from the economic affairs division, planning commission and the World Bank Group to chalk out a road-map for simplifying the structure of existing approval process of the development portfolio and identifying the specific areas of interventions and decisions and report back to the forum in a month.

The decision was taken at a high-level meeting chaired by the Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh, said a press release issued by the Ministry of Finance on Saturday.

The meeting was also attended by Minister for Economic Affairs Muhammad Hammad Azhar, Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar, Adviser to the Prime Minister on Institutional Reforms and Austerity Dr Ishrat Hussain and senior officials of State Bank of Pakistan (SBP).

The general of accounts’ controller, senior officials from the finance division, planning development and reforms and economic affairs division also attended the meeting.