Rolling back the NFC, again
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…
Rolling back the NFC award
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 NFC debate
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…
NFC and fiscal equity
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…
NFC: call for fiscal reforms
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…
Attacks on the NFC Award
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…
Population and the NFC
According to the 7th Population Census results announced recently, Pakistan’s population has crossed a staggering 241 million as against 208 million in the 2017 census – registering an increase of…
In defence of BISP and NFC
The crushing fiscal constraints currently facing Islamabad are forcing moves in various directions to tame the deficit. A number of options can be available. One rational way would be to…
Anatomy of the Seventh NFC
The National Finance Commission is locked in a stalemate. Constitutionally mandated to give an Award for distribution of federal tax revenues, it has succeeded only sporadically. The last successful NFC…
7th NFC award remains suspended
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…
