ISLAMABAD, Pakistan: The Minister of State for Interior and Narcotics Control Muhammad Baligh-ur-Rehman on Friday informed the Senate that the National Finance Commission (NFC) award will be announced after holding population census in 2017 in consultation and with consensus of all provinces.
Winding up discussion in the Upper House of the Parliament on motion on NFC award, the minister said that there is routine practice that any NFC award is announced with the consensus of all the provinces.
The state minister said that NFC award meeting is being held regularly with the participation of all nominated members of provinces. He said that there should be consensus on holding of NFC award meeting after every five years.
The minister supported the suggestion of forming provincial finance commission with the consultation of provinces. He said that this idea will help address issues of provinces.
Baligh-ur-Rehman said that there was always room for improvement and assured that appropriate formula will be decided with consensus in NFC award after census.
Moreover, he said that the federal consolidated fund and other funds resources are being collected in an appropriate manner by the federal government and targets are achieved in this regard.
