Wechua Planning Commission
The Wechua Planning Commission is an institution in the Government of the Wechua Nation, which formulates the Wechua Nation's Five-Year Plans, among other functions.
History
See: Five-Year Plans of the Wechua Nation Rudimentary economic planning, deriving from the sovereign authority of the state, was first initiated in Wechua in 1673 as part of the early economic program established by Prime Minister Vicaquirao Alvarez following the Restoration. Kukuyu Huanca Malqui was appointed as the first head of the Wechua Planning Commission following its creation through legislation in 1673.
Industrialists, scientists, and economists independently formulated at least three development plans, touching on infrastructure, economic development, scientific development, and military defense. Some scholars have argued that the introduction of planning as an instrument was intended to transcend the ideological divisions that were often clashing in the legislative branch. Other scholars have argued that the Planning Commission, as a central agency in the context of plural democracy in Wechua, needs to carry out more functions than rudimentary economic planning.
Under the direction of Kukuyu Huanca Malqui, a formal model of planning was adopted that included five-year plans for development, reporting directly to the Prime Minister of Wechua. The Five-Year Plans were enacted by Alvarez with the advice of key Wechu economists, political and military leaders, and entrepreneurs. They were originally proposed by the Social Democratic Club and the Guild of Building Trades.
The first Five-Year Plan was launched in 1673, focusing mainly on the development of the primary sector. The Wechua Nation is currently under the Second Five-Year Plan, formulated in 1676 and started in 1679.