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Federal Minister for Finance and Revenue Dr. Abdul Hafeez Shaikh chairs inaugural meeting of 10th National Finance Commission - News Makers

Home / Press Information Department / Federal Minister for Finance and Revenue Dr. Abdul Hafeez Shaikh chairs inaugural meeting of 10th National Finance Commission
Federal Minister for Finance and Revenue Dr. Abdul Hafeez Shaikh chairs inaugural meeting of 10th National Finance Commission
Islamabad, February 18, 2021 (PPI-OT): Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the inaugural meeting of the 10th National Finance Commission (NFC) today at the Finance Division. Chief Minister Sindh Syed Murad Ali Shah, Finance Minister Punjab Makhdoom Hashim Jawan Bakht, Finance Minister KP Taimur Saleem Khan Jhagra, Finance Minister Balochistan Mr. Zahoor Ahmed Buledi and non ex-officio members including Tariq Bajwa (Punjab), Musharraf Rasul Cyan (KP), Dr. Kaiser Bengali (Balochistan), Dr. Asad Sayeed (Sindh) and senior officials of the Ministry of Finance/ Finance Departments of provinces participated in the meeting.

Balochistan , Pakistan , Islamabad , Abdul-hafeez-shaikh , Taimur-saleem-khan-jhagra , Asad-sayeed-sindh , Zahoor-ahmed-buledi , Tors-of-the-commission , Ministry-of-finance-departments , National-finance-commission , Information-department , Federal-minister

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 Award, making it clear that all such possibilities would not be considered.

Pakistan , Islamabad , 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: 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.

Pakistan , Islamabad , 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

Seven sub-groups formed to prepare recommendations for 10th NFC Award

Seven sub-groups formed to prepare recommendations for 10th NFC Award
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Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh chaired the meeting.
ISLAMABAD (APP) – Seven sub-groups were formulated during the inaugural meeting of the 10th National Finance Commission (NFC), to prepare workable recommendations for the upcoming NFC Award.
The meeting was chaired by Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, according to press statement issued by the Finance Ministry here.
The sub-groups were formed with specific tasks on the basis of terms of references (TORs) of NFC, with the direction to present recommendations before the august forum in due course of time.

Balochistan , Pakistan , Islamabad , Abdul-hafeez-shaikh , Syed-murad-ali-shah , Taimur-saleem-khan-jhagra , Asad-sayeed-sindh , Zahoor-ahmed-buledi , National-finance-commission , Federal-minister , Finance-ministry , Finance-minister

Provinces oppose slashing share in overall Federal Divisible Pool

Provinces oppose slashing share in overall Federal Divisible Pool
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Pakistan , Islamabad , 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

Provinces Demand More Share in NFC Award in 10th National Finance Commission Meeting

Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the inaugural meeting of the 10th National Finance Commission (NFC) today at

Balochistan , Pakistan , Abdul-hafeez-shaikh , Taimur-saleem-khan-jhagra , Asad-sayeed-sindh , Zahoor-ahmed-buledi , Tors-of-the-commission , Ministry-of-finance-departments , National-finance-commission , Federal-minister , Finance-minister , Secretary-finance