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…
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…
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…
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…
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…
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…
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…
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…
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…
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 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,…