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Provincial economic policy

As the new provincial governments are finding their feet in a rather very difficult economic environment, it is important to fix the problems at the root. This means setting aside…

Governance for local governments: Part – I

This article is divided into three parts. The first part deals with ‘why local government?’ The second with experiences during the 2001-2009 period and finally in the third part it…

Cash surplus of provincial govts

The role of the four provincial governments has increased after the 18th Amendment. They have also become entitled to a larger share in the Federal Divisible Pool of taxes after…

Repairing provincial finance

Most of the discussion and discourse on public finances has remained focused on the federal government and FBR. The analysis of provincial finances has been sketchy and shallow, although it…

Federal govt must not fuel provincialism

In 1997 general elections PML-N won a two third majority in parliament bagging 137 seats with PPP trailing with 18 seats. This unprecedented heavy mandate ended well before the end…

Provincial finances and spending

The role and importance of provincial governments has been enhanced by a larger vertical transfer of revenues from the federal government under the 7th NFC Award and by allocation of…

The state of provincial finances

There is the likelihood of a significant deterioration in the financial position of the Provincial Governments by the end of this fiscal year. The last quarter of 2019-20 is likely…

Need for provincial asset management companies

During the budget season, there is immense activity in the federal and provincial financial circles attempting to reflect higher revenues and justifying expenditures. Political and sectoral lobbying is at its…