National Finance Commission (NFC)
Coverage of National Finance Commission (NFC) in the Nexus archive.
- NFC share declined after aiding Centre, says Sindh chief minister
Sindh Chief Minister Murad Ali Shah stated that the NFC share allocated to provinces declined this year due to their financial support to the federal government. The Sindh government allocated Rs9 billion for Karachi’s industrial zones, including Rs2 billion for KATI, while concerns were raised about the Yellow Line BRT project's impact on Korangi Industrial Area.
- A backdoor NFC revision?
The budget delay highlights a fiscal deadlock between Pakistan's federal government and provinces over frozen NFC shares and additional funding demands. Critics argue the Centre is undermining the 18th Amendment and 7th NFC Award by pressuring provinces to return funds, risking a backdoor revision of the fiscal arrangement.