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To please IMF, Islamabad plans to rip off Sindh

The link between the PTI government and the next NFC Award

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Six working groups set up during NFC session to make recommendations for new distribution formula

Asad Umar assured the provinces that their funds will be transferred as tax collection improves

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We will work with the Centre as long as Sindh gets its due rights, says Murad Ali Shah

We will focus on the provision of water, health and education this term, said Sindh Chief Minister Murad Ali Shah while speaking to the media in Garhi Khuda Bux, Larkana on Monday morning. He said in 2018 there has been lots of improvement in the law and order situation and they want to continue with…

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Govt to announce unanimous, equitable 9th NFC award: Dar

ISLAMABAD: Federal Minister for Finance, Senator Mohammad Ishaq Dar said on Monday reiterated the government’s resolve to announce a unanimous and equitable 9th National Finance Commission (NFC) award soon. Dar stated this while talking to media after holding a meeting as a Chairman regarding the 9th NFC award here at Ministry of Finance. Members of…

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NFC Award: KP makes new demands

Khyber Pakhtunkhwa and other provinces on Monday called for higher share in the divisible pool of resources. The KP government is said to have demanded Rs66 billion annually to cope with menace of terrorism. Watch this report to know details of a meeting with regard to National Finance Commission award (NFC).

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President Zardari forms 8th NFC body

Staff Report ISLAMABAD: The President of Pakistan, Asif Ali Zardari, has formed the 8th Finance Commission for the distribution of revenue to the provinces, SAMAA reported Wednesday. According to details, The Federal Finance Minister, Hafiz Sheikh, will head the 9 members commission, while all four Provincial Finance Ministers will be included in the members of…

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MQM slams bureaucracy over NFC

Staff Report KARACHI: Muttahida Qaumi Movement (MQM)’s parliamentary leader in Sindh Assembly Syed Sardar Ahmed said Saturday that bureaucracy has neglected Sindh in the NFC award. Talking to SAMAA, Syed Sardar Ahmed said that he has informed Finance Advisor Abdul Hafiz Sheikh in written about this discrimination with the province. He alleged that people, who…

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President Zardari signs NFC award

Staff Report ISLAMABAD: President Asif Ali Zardari has signed the seventh National Finance Commission (NFC) award in a ceremony at the President House on Tuesday. The ceremony was attended by all the chief ministers, some important political figures and high government officials. The award has come into practice after president’s signature on it. According to…

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Signing ceremony of 7th NFC Award completes

Staff Report GWADAR: Pakistan’s one of the politicized issues, 7th National Finance Commission Award, has been resolved and signed in by consensus of the four provinces, Punjab, Sindh, Pakhtoonkhwa and Balochistan, and the federal government on Wednesday in Gwadar. The signing ceremony was witnessed by the Prime Minister Syed Yousuf Raza Gilani, Federal Fianance Minister…

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Provinces agree on NFC Award issue

Staff Report LAHORE: The federal government and four provinces agreed on Friday on the long delayed and controversial issue, the National Finance Commission Award. Balochistan has been facilitated by the three provinces for its backwardness. “The provinces will be given 57.7 percenet and the federal government will keep 42.3 percent,” announced the Federal Minister Shaukt…

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Revenue-sharing to be included in NFC

Staff Report LAHORE: The four provinces have agreed to include revenue-sharing in the National Financial Committee Award, said sources at the meeting of the chief ministers at Lahore Thursday. It was the second and the last day of the meeting. The provinces initially had problems related to the hydel power project and revenue generation. In…

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SAMAA VIDEO – NFC meeting briefing

Adeel Ahsan reports on the briefing of the seventh NFC Award meeting held in Lahore. (December 10, 2009)

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NFC meeting proves effective: Tarin

Staff Report LAHORE:The first day of the meeting to take decisions on National Finance Commission (NFC) award proved effective said Federal Finance Minister Shoukat Tarin in a press conference after attending the meeting on NFC award Wednesday. Shaukat Tarin said that many differences have been solved in the meeting and remaining matters would also be…

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SAMAA VIDEO – NFC Award meeting in Karachi

Shahid Rind reports on the 5th session of the 7th award held in Karachi. (November 20, 2009)

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NFC to based on multiple criteria: Tareen

By Arbab Chandio and Shahid Rind KARACHI: The seventh NFC Award will not be based on population only but on multiple criteria, which includes income, expanse and poverty level, said the Finance Minister Shaukat Tareen. The four provinces have agreed to it and Sindh said that it is the first time that its stance has…

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SAMAA VIDEO – NFC meeting

Danish Nazir highlights the recent meeting for 7th NFC Award in Karachi. (November 19, 2009)

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NFC to take final decision on Thursday

Staff Report KARACHI: The two-day seventh National Financial Commission Award meeting was held in Karachi in a local hotel Wednesday, which was headed by the Federal Minister of Finance Shaukat Tareen. Shaukat Tareen told the media that the provinces had asked for a sixty percent share and this issue was discussed the whole day today….

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News Beat Analysis-NFC Awards

On News beat with Meher Bokhari LAHORE: There are two major issues on the National finance Awards (NFC), i.e. of vertical and horizontal distribution, said the former Finance Minister Sartaj Aziz in News Beat Tuesday. “The formula of vertical distribution is based on the division of resources within the center and the provinces. The provinces…

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NFC members to meet tomorrow

Staff Report KARACHI: The meeting of the National Finance Commission Award for shaping 7th award is being conducted tomorrow (Wednesday) in a local hotel in Karachi. The finance ministers of three provinces and Sindh representative, Sindh Chief Minister Syed Qaim Ali Shah and the members of commission will attend the meeting, SAMAA learnt on Tuesday….

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NFC to be agreed in near future: Tarin

Staff Report PESHAWAR: The issue of the National Finance Awards (NFC) would be settled among the provinces in the near future, Federal Finance Minister Shaukat Tarin told media after the meeting of all provinces on the NFC award Thursday. The meeting on the NFC proved to be very productive. The provinces discussed horizontal distribution, the…

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SAMAA VIDEO – NWFP and NFC Award

Kashfuddin Syed reports on the stance of NWFP government for the National Finance Commossion Award. (October 28, 2009)

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