Planning Ministry Proposes Dissolution of CPEC Authority: Senate Committee Briefed 1

The Planning Ministry has recommended the dissolution of the China-Pakistan Economic Corridor (CPEC) Authority during a Senate Committee meeting, citing inefficiencies in the current model. Officials argued that the CPEC Authority, established to streamline projects under the $60 billion initiative, has now become redundant due to overlapping responsibilities with existing government ministries.

The suggestion is part of a broader restructuring plan aimed at increasing the speed and efficacy of CPEC projects. Analysts believe that this dissolution, if approved, would likely empower the Planning Ministry and provincial governments to take a more direct role in executing infrastructure and energy projects.

CPEC has been a cornerstone of Pakistan’s economic policy since its inception, and the dissolution of its overseeing body is seen as a significant shift. Observers in Pakistan are divided; some argue that decentralizing CPEC’s management could hasten progress, while others warn of potential bureaucratic delays.