Perspectives on NFC Award
EVER since the seventh NFC Award was finalised in 2010, it has been vilified in many quarters for ‘bankrupting’ the centre. Of recent, demands for revisiting the award have gained momentum after…
EVER since the seventh NFC Award was finalised in 2010, it has been vilified in many quarters for ‘bankrupting’ the centre. Of recent, demands for revisiting the award have gained momentum after…
Rolling back the NFC, againIT is getting boring now. Every so often the idea is floated that the government should roll back the provincial allocations under the seventh National Finance…
AT the heart of the controversies surrounding Census 2023 is the National Finance Commission award that determines the basis of financial flows from the federation to the provinces. The current…
AS the country’s fiscal predicament deteriorates, a line has increasingly been doing the rounds that the 18th Amendment and the NFC award of 2009 are responsible for this situation and…
The recent demands from multilateral institutions such as the IMF and the World Bank to revisit the National Finance Commission (NFC) Award have ignited a fresh debate on resource distribution…
The attacks on the 7th National Finance Commission Award continue relentlessly, even though all the technical arguments forwarded by apologists of centralization for reversing it have been soundly rebutted. Desperation,…
Once again there is debate surrounding the National Finance Commission (NFC) Award, driven by short-term fiscal concerns and external pressures. It is important to acknowledge the pivotal role the NFC…
Initiated by the centre and fiercely contested by the provinces, the reallocation of the NFC comes under debate each time the annual budget is due or when a new federal…
A lot has been written recently about the need to revisit and reduce the share of the provinces in the 7th National Finance Commission Award, but sadly most of it…
In an analysis of the 7th NFC Award (‘Fiscal realities: A case for NFC reform’, March 20), published on these pages, I showed that provincial governments collect a small fraction…