NFC

Coordinated strategy can create balance between fiscal consolidation, growth

Stage rally against discrimination, unemployment

Faces deficit of Rs76b for current expenditures

Fund was allocated under the NFC for fiscal year 2020-21

All through the past months the political air in the country has rung with disruptive rhetoric

The realisation of the goals set in the budget depends upon the timely release of those revenues

Economic activities in these regions funded by economically backward provinces

PPP chairman warns against taking 'any court cover for unconstitutional move'

Provincial govt had faced harsh criticism for its earlier nomination

Reconstituted commission will comprise nine members

Effective local governments have been a feature of the dictatorial set-ups to fill the political vacuum they create

Petition seeks annulment of 10th NFC, its TORs

AGP says when a member resigns, a new notification has to be issued

PML-N leader also files a miscellaneous application requesting court to suspend May 11 notification

ECC eases borrowing limits for provinces by up to 167% to meet expenditures

Court says stay order could be issued if reply not submitted by June 26

De facto finance minister advises provinces not to make budgets on basis of Rs4.963 trillion target

Alleges federal govt trying to diminish provincial autonomy

Demand was presented in recent NEC meeting

The better course is not to upset the apple cart.

Kaiser Bengali stresses need for ensuring food security amid pandemic

Demands increase in K-P’s share in NFC after merger of tribal districts

PPP chairman calls APC on pandemic and NFC constitution

Participation of finance adviser, finance secretary as members of commission challenged

Party has moved court against the composition of the commission

Javed Jabbar not a resident of Balochistan but insists 'regular association'

18th Amendment, NFC award have strengthened federation, says Qamar Zaman Kaira

Spokesperson says govt will take the opposition into confidence regarding the measures taken against coronavirus

It is better to focus on governance by fuller implementation of the Constitution, laws, better tax collection

Move will pave way for two World Bank budgetary support loans worth $750m

This is not in line with annual projections due to heavy shortfall in tax collection

Describe condition as unrealistic, link cash surplus to Centre’s ability to collect more taxes

Finance ministry says Centre has neither reduced nor delayed funds to provinces

Governor says provincial government not in financial crisis

This piece is part of our educat­ive web series 'Explan­are' to unders­tand comple­x econom­ic &...

It is widely known that Pakistan is largely surviving on foreign grants and aid

Asad Umar says efforts under way to complete process of 9th NFC award by Dec 31

Says all departments will have to surrender access to their funds from the third week of March

The federal government should find itself in a difficult position to enhance the share of provinces

Attempts to build a consensus around this constitutional amendment will be mutually beneficial

Sindh objects to inclusion of finance secretary as 10th member

Other provinces will gain as their population rises in sixth census

In the absence of a counter-narrative by the Centre, Sindh’s claim may sound plausible — if not convincing

Urges that more weightage be given to revenue generation rather than population

Ministry notifies new 10-member commission

Fiscal policies of the federation have been at the root of economic crisis in Pakistan

Economy of the country is facing crisis and needs immediate injection of $12.5 billion

Asad Umar writes letters to provinces, seeking confirmation of non-statutory members

The recommendations propose shrinking the share of the provinces by 8.2% to 49.3%

Former finance minister formulate policy paper for new govt to reduce the budget deficit