Why the NFC matters
The ongoing economic downturn in Pakistan necessitates a search for fiscal solutions. While the central government must explore avenues to achieve fiscal stability, it should refrain from retracting the National…
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…
Re-aligning NFC: coalition govt faces a challenge from within
Reportedly, the IMF (International Monetary Fund) has requested resumption of dialogue on the National Finance Commission (NFC) award to address the imbalances in the distribution of fiscal resources between the…
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…
Consensus NFC award divisive after 10 years
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…
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…
Fata: the NFC correction
The 25th Constitutional Amendment, unanimously passed by public representatives from all the four provinces of the country shifted a federal responsibility to the Khyber Pakhtunkhwa province. It was unprecedented in…
Ex-Fata and the NFC
The National Finance Commission is a great Pakistani institution and a highly robust constitutional mechanism. It is similar to other federations in place worldwide but in its decision-making mechanism is…
