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Economic Reforms: Part-XXXXIII

Economic reforms: Part-XXXXIII

The 1990 NFC made another curious recommendation, which was not part of its original TORs, but based on a reference made by the Council of Common Interests (CCI) in its…

Economic Reforms: Part – XXXXII

Economic reforms: Part – XXXXII

Continuing our discussion on the NFC Award of 1990, the provinces demanded a significantly larger share of the divisible pool, and more. They wanted that the federal government should continue…

Economic Reforms: Part-XXXXI

Economic reforms: Part-XXXXI

The 1975 NFC Award was the first under a constitution made by a constituent assembly after Independence. Unfortunately, the democratic process would soon be disrupted yet again and the field…

Economic Reforms: Part – XXXX

Economic reforms: Part – XXXX

The Distribution of Revenue Order, 1971 faced a void after the separation of East Pakistan. In its aftermath, it took a while before a fully democratic constitution went into effect…

Economic reforms: Part-XXXII

In the next few parts in the series, we will narrate the evolution of fiscal federalism in Pakistan. This is a very sensitive subject as passions often mar rational discourse…

Economic Reforms: Part – XXXVII

Economic reforms: Part – XXXVII

The Ayub government finally realised the need for a new finance award in December 1961, without waiting for the promulgation of the 1962 constitution (June 1962), when it appointed the…

Economic Reforms: Part – XXXVI

Economic reforms: Part – XXXVI

The abrogation of the 1956 constitution brought great uncertainties for fiscal federalism as the NFC had not been constituted for nearly two years since the constitution came into effect in…

Economic Reforms: Part – XXXVIII

Economic reforms: Part – XXXVIII

The 1962 constitution was promulgated in June 1962. In pursuance of Article 141, the first NFC was constituted on March 31, 1964, when the ad-hoc 1964 award was running in…

Economic Reforms: Part – XXXIX

Economic reforms: Part – XXXIX

In 1968, the Ayub government celebrated a decade of development (1958-68) but the regime was gone in March1969. There is hardly an example in the country’s history where such contrasting…

Economic Reforms: Part – XXXIV

Economic reforms: Part – XXXIV

Fiscal federalism in Pakistan was conditioned on the pattern of the Government of India Act 1935 as the act was adopted as the country’s interim constitution. A considerable delay and…