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| Tuesday, 29 June 2004 |
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NCED to improve policy formulation, implementation The Government has set up the National Council for Economic Development (NCED) - a permanent secretariat, which will be managed by a team of well-qualified professionals drawn from both public and private sectors to improve policy formulation and implementation in a well-coordinated framework. Line ministries and agencies will be empowered to perform their day-to-day activities efficiently and respond to the needs of the people in a timely manner by NCED playing a complementary role to line ministries and agencies in helping to remove road blocks. The NCED will be responsible for the formulation of national policies involving all stakeholders and monitoring and implementation of such policies through the relevant line ministries and agencies. The NCED is organised in terms of key economic and social sectors to ensure better coordination in policy formulation and implementation. The NCED will have working clusters translating policies into actions and ensuring their timely implementation and monitoring. The NCED will also coordinate donor activities and provide a forum for the private sector to take up their concerns and any unresolved issues. It will also promote private-public partnerships in policy formulation and provide a conduit for the private sector and other stakeholders for a regular dialogue with the Government. The NCED will consist of six divisions initially. * Policy Reform Division * Financial Sector Division * Development Division * Public Utilities Division * Lead Infrastructure Project Division * International Corporation Division |
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