Pakistan's National Finance Commission has stalled, with most working groups inactive and the second meeting delayed. Provinces and the centre differ over revenue sharing and reforms, raising concerns about further delays to the long-pending 11th NFC award meant to guide distribution of fede
Chief Minister of Khyber Pakhtunkhwa (KP) province of Pakistan, Sohail Afridi, on Saturday demanded that the Pakistani federal government release PKR 550 billion owed to the province, urging Islamabad to convene a meeting of the National Finance Commission (NFC) without delay, the Dawn repor
The Shehbaz Sharif-led Pakistan government unveiled a three-year economic plan, which aims to increase the share of provinces in the federal budget from 39.4 per cent to 48.7 per cent by 2027.
The Balochistan government has once again expressed annoyance over the financial crisis and blamed Shehbaz Sharif-led coalition government for the same, saying that the province is yet to receive the share of the National Finance Commission (NFC) Award, according to Dawn.
Balochistan's economic crisis only tends to get worse with every passing day as the province in the past three months has not received its share of for rehabilitation and reconstruction of infrastructure in flood-ravaged regions, Dawn reported.
Islamabad [Pakistan], Jan. 12 (ANI): Sindh Chief Minister Syed Murad Ali Shah has opposed the proposal for allocating funds from the federal National Finance Commission (NFC) Award for the security of China-Pakistan Economic Corridor (CPEC) projects and said that the move would be 'unco