Economic Coordination Committee – what is its main function?

[rajat]

Economic Coordination Committee decisions often appear in news, but I want to know how this body influences national economic planning and reforms.

 

[Blaise]

The Economic Coordination Committee (ECC) coordinates and approves economic, financial, trade, and development policies. It ensures alignment between ministries, manages fiscal matters, oversees major economic decisions, and supports effective implementation of government economic strategies.

 

[Oscar]

The primary role of Economic Coordination Committee is to synchronize the economic policy, give consent to critical economic decisions, control the prices and subsidies, and improve the execution of governmental economic strategies.

 

[Ace]

Economic Coordination Committee (ECC) is the highest level decision making organ that coordinates national economic policies. Its key roles are to approve trade and development policies, fiscal management and price or subsidy control. It also makes different ministries of the government to work together to achieve effective and cohesive national economic reforms.