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The 9th NFC

The 9th NFC is scheduled to have its first meeting on the 6th of February. The previous 7th NFC Award was signed and then promulgated on by the President of…

Rethinking NFC – I

This Policy Brief addresses four issues: enhancing fiscal equity, enhancing horizontal equity, federal fiscal constraint concerns, and dangers of any attempt to dilute or roll back the 2010 devolution. The…

The NFC heat

The talks of 9th NFC have started; by no means is it going to be conclusive anytime soon. The need is to rethink the whole process of unfair revenue collection,…

A Post-merger NFC

A post-merger NFC

An important issue before the now functional 9th NFC is to accommodate the financial requirements of what after the merger of ex-Fata is an enlarged Khyber Pakhtunkhwa (KP).  The report…

NFC Lessons

NFC lessons

The seventh National Finance Commission (NFC) award was recently renewed for a year. Deliberations on the eighth award have already begun. As we transition to the new NFC, it is…

Political Economy Of NFC

Political economy of NFC

The eighth National Finance Commission (NFC) has been constituted and at least one preliminary meeting between the centre and provinces has been held. The NFC is designed to determine the…

Building better teachers for the future

History has shown that education, particularly the presence of quality teachers, plays a crucial role in national progress. The US response to the Sputnik crisis in 1957 highlights how strategic…

What will 2025 bring?

IT has been a heady year that we are saying farewell to. A hard-fought stability was brought to the economy in 2024, but at a steep cost. Politics had to be ended,…

Budgetary system & fiscal governance

Pakistan’s budget process, while clearly defined in the 1973 Constitution, subordinate legislations like the Public Financial Management Act (PFMA), 2019 and guided by detailed manuals e.g. Budget Manual 2020, suffers…