• Source: Ministry of Economic Affairs (Pakistan)

The Ministry of Economic Affairs, (abbreviated as MoEA) is a Cabinet-level ministry of the Government of Pakistan responsible for assessing, programming and negotiations of external economic assistance concerning the government and its constituent units from foreign governments and multilateral agencies.




History


The Economic Affairs Division (EAD) plays a crucial role in managing Foreign Economic Assistance (FEA). EAD secures support from both bilateral and multilateral partners to fund important projects for the country's development.
FEA, which includes grants, loans, and technical assistance, helps bridge Pakistan's investment gap and improves its social and economic indicators. This assistance supports reforms in key sectors like energy and finance, contributing to economic growth.
EAD coordinates between implementing agencies and partners to ensure efficient project implementation. Through regular reviews, it aligns projects with national development goals.
The partnership between Pakistan and its development partners aims to manage FEA effectively for the benefit of the country's people. EAD continues to refine its strategies to drive Pakistan's economic and social development forward.
EAD also hosts Pakistan Development Forum and Donor Coordination Meetings.




Functions


The functions and responsibilities of the Economic Affairs Division are:

Assessment of requirements; programming and negotiations for external economic assistance from foreign Governments and organizations.
Matters relating to IBRD, IDA, IFC, ADB and IFAD.
Economic matters pertaining to the Economic and Social Council of the United Nations, Governing Council of UNDP, ESCAP (Economic and Social Commission for Asia and Pacific), Colombo Plan and OECD.
Negotiations and coordination activities, etc., pertaining to economic cooperation with other countries (excluding RCD and IPECC).
Assessment of requirements, programming and negotiation for securing technical assistance to Pakistan from foreign Governments organizations including nominations for EDI Courses.
Matters relating to technical assistance to foreign countries.
External debt management, including authorization of remittances for all external debt service, compilation and accounting and analysis of economic assistance from all foreign governments and organizations.
Review and appraisal of international and regional economic trends and their impact on the national economy. Proposals concerning changes in International Economic Order.
Matters relating to transfer of technology under UNDP assistance.
Matters relating to International Islamic Development Bank.
To provide technical assistance to friendly countries.
To sign MoUs with local NGOs seeking foreign funding.




Structure


EAD is headed by a Secretary, who is assisted by two Additional Secretaries, eight Joint Secretaries and one Chief in managing nine different Wings which perform duties in their respective functional areas based on territorial, economic and organizational demarcations. The Wings are:

World Bank Wing
ADB/Japan Wing
Administration Wing
UN Wing
China Wing
Paris Club [PC] Wing
Economic Cooperation [EC] Wing
Devolution-I Wing
Research & Statistics / IT / Debt Management Wing




See also


Economic Coordination Committee (Pakistan)
Ministry of Finance (Pakistan)
Board of Investment (Pakistan)
Ministry of Commerce (Pakistan)
Pakistan Development Forum




References






External links


Official Website

Kata Kunci Pencarian:

• Pakistan
• Daftar perwakilan diplomatik di Indonesia
• Singapura
• Serangan rudal Iran di Pakistan Januari 2024
• Brunei Darussalam
• Perang Kemerdekaan Bangladesh
• Malaysia
• Hubungan luar negeri Armenia
• Australia
• Bandar Seri Begawan
• Ministry of Economic Affairs (Pakistan)
• Ministry of Foreign Affairs (Pakistan)
• Ministry of Finance (Pakistan)
• Ministry of Maritime Affairs (Pakistan)
• Ministry of Interior (Pakistan)
• Economic Affairs Secretary of Pakistan
• Minister of Finance (Pakistan)
• Ministry of Kashmir Affairs and Gilgit-Baltistan
• Ministry of States and Frontier Regions (Pakistan)
• Ministry of Religious Affairs and Inter-faith Harmony