ECNEC performs the following tasks: Considers and approves all Project Concept Papers. Large projects in the private sector approve and consider. Reviews the progress of implementation of development projects. The private sector considers investment proposals for participation as private or joint ventures or as foreign investors. Examines the economic situation and reviews the overall situation of the economy , economic performance and related policies and issues. Considers and reviews the role of statutory corporations (especially their financial results). Determines the price of Public Utility Service or the prices , rates , fees, etc. of products manufactured by Government Enterprises .