Ministry of Planning Development & Special Initiatives
The Planning Commission (denoted as PC) is a financial and public policy development institution of the Government of Pakistan. The Commission comes under Ministry of Planning, Development and Reforms. The Planning Commission undertakes research studies and state policy development initiatives for the growth of national economy and the expansion of the public and state infrastructure of the country in tandem with the Ministry of Finance (MoF). Since 1952, the commission have had a major influence and role in formulating the highly centralized and planned five-year plans for the national economy, for most of the 20th century in Pakistan. Although the five-year plans were replaced by Medium Term Development Framework, the commission still played an influential and central role in the development of the programme. Furthermore, the Public Sector Development Programmes (PSDP) also placed under the domain of the planning commission. The commission’s authoritative figures includes a Chairman who is the Prime Minister, assisted by the deputy chairman, and a science advisor.
The key functions of the Ministry of Planning, Development & Special Initiatives include:
- Formulating and implementing national development plans: The ministry prepares long-term and medium-term development plans for the country, taking into account social, economic, and environmental factors. These plans serve as a roadmap for achieving the development goals of Pakistan.
- Project appraisal and approval: The ministry evaluates development projects proposed by different sectors and ministries and assesses their viability, cost-effectiveness, and alignment with national development priorities. Approved projects are then included in the development plans.
- Resource mobilization and allocation: The ministry works with the Ministry of Finance to mobilize financial resources for development projects. It also ensures the efficient allocation of resources to various sectors and regions based on their needs and priorities.
- Monitoring and evaluation: The ministry monitors the progress of development projects, tracks their implementation, and evaluates their impact. It uses various tools and indicators to assess the effectiveness and efficiency of projects and programs.
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