Finance Minister for collective efforts to prepare new NFC Award

October 12, 2015 Off By Web Desk

ISLAMABAD: Finance Minister Ishaq Dar has said that collective efforts are needed to prepare the new NFC Award.

He was winding up discussion in Senate on motion moved by Mohammad Azam Khan Musakhel regarding the distribution formula of NFC Award and report on Second Biannual Monitoring on the Implementation of National Finance Commission Award, 2014.

The Minister said he wants the next award should be completed at the earliest. He said presently the Commission is incomplete because Sindh province has not yet nominated its member.

He said Rs 48 billion additional were given to KPK from divisible pool because the province was affected most due to war on terror. He said there is a realization that Balochistan should be given more funding for its development.