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Federal Divisible Pool: Provinces oppose slashing share


Top Story
February 19, 2021
ISLAMABAD: While formulating seven sub groups, including macroeconomic framework to ascertain the exact size of resource envelope, the provinces in the maiden session of NFC expressed reservations over the inclusion of cost sharing on account of various heads from the share of the federating units.
The Centre included certain provisions of expenditures into Terms of Reference as part of discussions for the 10th National Finance Commission (NFC) Award but all the stakeholders decided to defer discussion on it because the provinces were not ready to listen to any proposal that slashed their share in the overall Federal Divisible Pool (FDP). Sindh Chief Minister Syed Murad Ali, while talking to reporters after the NFC meeting outside the Q Block, said that under the Constitutional provisions, the share of the provinces into the FDP could not be reduced from the last NFC Award, making it clear that all such possibilities would not be considered ....

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Provinces oppose slashing share in overall Federal Divisible Pool


Provinces oppose slashing share in overall Federal Divisible Pool
Top Story
February 19, 2021
ISLAMABAD: While formulating seven sub groups, including macroeconomic framework to ascertain the exact size of resource envelope, the provinces in the maiden session of NFC expressed reservations over the inclusion of cost sharing on account of various heads from the share of the federating units.
The Centre included certain provisions of expenditures into Terms of Reference as part of discussions for the 10th National Finance Commission (NFC) Award but all the stakeholders decided to defer discussion on it because the provinces were not ready to listen to any proposal that slashed their share in the overall Federal Divisible Pool (FDP). Sindh Chief Minister Syed Murad Ali, while talking to reporters after the NFC meeting outside the Q Block, said that under the Constitutional provisions, the share of the provinces into the FDP could not be reduced from the last NFC Awa ....

Taimur Jhagra , Abdul Hafeez Shaikh , Taimur Saleem Khan Jhagra , Balochistan Zahoor Ahmed Buledi , Syed Murad Ali , Asad Sayeed Sindh , Q Block Finance Ministry On , Ministry Of Finance Departments , Federation Of Pakistan , National Finance Commission , Federal Divisible Pool , Sindh Chief Minister Syed Murad Ali , Finance Dr Abdul Hafeez Shaikh , Finance Ministry , Tax Harmonization , Sindh Revenue Board , Minister Taimur Jhagra , Net Hydel Profit , Kaiser Bengali , Federal Minister , Finance Minister , Saleem Khan Jhagra , Finance Minister Balochistan Zahoor Ahmed Buledi , Tariq Bajwa , Musharaf Rasul Cyan , Kasier Bengali ,