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…
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…
There have recently been some attacks on the 7th NFC award relating to the distribution of federal tax revenues between the federal and provincial governments. This process of distribution is…
The federal budget 2020-21 envisages a provincial surplus of 242 billion rupees, an amount credited to its receipts to reach the projected budget deficit for next fiscal year of 7…
The seventh National Finance Commission (NFC) award was announced in 2010 amidst much fanfare with Shaukat Tarin, the then Finance Minister, widely praised for successfully convincing Punjab to allow multiple…
Asad Umar, the Finance Minister, stated in the Senate Tuesday that he has directed Secretary Finance to initiate the process for the National Finance Commission (NFC) award which, as per…
This is the second part of the Review of the 7th NFC Award. The first part was published last week in this newspaper. It highlighted the salient features of the…
Criticism of the press release uploaded on the International Monetary Fund (IMF) website on 12 May 2019, amongst other considerably more socio-politicaly challenging prior conditions, also focused on the mention…
Criticism of the press release uploaded on the International Monetary Fund (IMF) website on 12 May 2019, amongst other considerably more socio-politicaly challenging prior conditions, also focused on the mention…