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The 7th Nfc Award: An Evaluation

Author

Listed:
  • Rashid Amjad

    (Pakistan Institute of Development Economics Islamabad)

  • Musleh Ud Din

    (Pakistan Institute of Development Economics Islamabad)

  • Idrees Khawaja

    (Pakistan Institute of Development Economics Islamabad)

  • Nasir Iqbal

    (Pakistan Institute of Development Economics Islamabad)

  • Ahmad Waqar Qasim

    (Pakistan Institute of Development Economics Islamabad)

Abstract

Pakistan Is A Federal Country With Two Constitutional Tiers Of The Government�The Federal Government And The Provincial Governments; Moreover There Are Some Federally Administered Tribal Areas (Fata) And The State Of Azad Kashmir. As In Many Other Countries, The Federal Government In Pakistan Generates More Revenues Than Its Needs. Correspondingly, The Provinces Generate Only A Small Percentage Of The Revenue Required To Meet Their Expenditure Needs. This Calls For Transfers From The Federal Government To Allow The Provinces To Carry Out Their Functional Responsibilities. The National Finance Commission Is The Institution Responsible For Devising The Revenue Sharing Arrangement Between The Federal Government And The Provinces. The Commission Recommends The Sharing Of The Federal Revenue With The Four Provinces Namely Punjab, Sindh, Khyber Pakhtunkhwa And The Balochistan.1 The Commission Is Constituted Every Five Years And Has Representation (Official As Well As Non-Governmental) From All The Stakeholders. The Commission Does Not Have A Permanent Existence However It Is Allowed Adequate Time To Work On The Award (I.E., Announcement Of Revenue Sharing Arrangement).

Suggested Citation

  • Rashid Amjad & Musleh Ud Din & Idrees Khawaja & Nasir Iqbal & Ahmad Waqar Qasim, 2012. "The 7th Nfc Award: An Evaluation," PIDE Monograph Series 2012:5, Pakistan Institute of Development Economics.
    • Handle: RePEc:pid:monogr:2012:5
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    References listed on IDEAS

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    Cited by:

    1. Khadija Shams & Alexander Kadow, 2020. "Income inequality, remittances and economic wellbeing in rural Pakistan: linkages and empirical evidence," Asia-Pacific Journal of Regional Science, Springer, vol. 4(2), pages 499-519, June.
    2. Shah Shirazi, Nasim & Obaidullah, Mohammed, 2014. "Why Poverty Reduction Programs of Pakistan Did Not Bring Significant Change: An Appraisal," Working Papers 1435-17, The Islamic Research and Teaching Institute (IRTI).
    3. Saboor, Abdul & Khan, Atta Ullah & Hussain, Abid & Ali, Ikram & Mahmood, Khalid, 2015. "Multidimensional deprivations in Pakistan: Regional variations and temporal shifts," The Quarterly Review of Economics and Finance, Elsevier, vol. 56(C), pages 57-67.
    4. Shirazi, Dr. Nasim Shah & Obaidullah, Dr. Mohammed & Haneef, Mohamed Aslam, 2015. "Integration of Waqf and Islamic Microfinance for Poverty Reduction," Working Papers 1436-5, The Islamic Research and Teaching Institute (IRTI).
    5. Hummera Saleem & Malik Shahzad Shabbir & Bilal Khan, 2021. "Re-examining Multidimensional Poverty in Pakistan: A New Assessment of Regional Variations," Global Business Review, International Management Institute, vol. 22(6), pages 1441-1458, December.

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    Keywords

    7th NFC Award; Evaluation;

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