NFC

The Senate committee said the NFC award changed Pakistan’s financial situation amid high-interest loans – Trendy Blogger

by
The Senate committee said the NFC award changed Pakistan’s financial situation amid high-interest loans – Trendy Blogger

Federal Finance Minister Imdadullah Bhosal informed the Senate Standing Committee on Finance on Wednesday that the current National Finance Commission award has significantly distorted Pakistan’s fiscal position, pushing the federal government to rely on high-interest loans, some at interest rates as steep as 8%. According to a news report, in a press conference chaired by … Read more

The Sindh Minister denied reports of IMF reservations on NFC Award, 18th Amendment – Trendy Blogger

by
The Sindh Minister denied reports of IMF reservations on NFC Award, 18th Amendment – Trendy Blogger

Sindh Chief Minister Syed Murad Ali Shah in this undated photo. – Application/File Some ministries are devolved under the 18th Amendment: Sindh CM. It is proposed to exploit surplus electricity in industrial units. The Sindh government will launch a new energy policy soon, says Sindh Chief Minister. Sindh Chief Minister Syed Murad Ali Shah said … Read more

Aurangzeb rules out immediate change of NFC award – Trendy Blogger

by
Aurangzeb rules out immediate change of NFC award – Trendy Blogger

Finance Minister Muhammad Aurangzeb speaks during an interview in Islamabad on July 19, 2024. — Reuters The charter focuses on a unified financial network between the center and the provinces. The Minister of Finance described the agreement as “a step in the right direction.” The move aims to increase tax revenues from the agricultural sector. … Read more