A backdoor NFC revision?
• Budget delay exposes Centre-province fiscal deadlock • NFC shares may be frozen under budget pressure • Critics say Centre ignores revenues kept outside divisible pool • Experts blame fiscal crisis on low tax collection, debt, federal spending • Raza Rabbani warns of phased rollback of 18th Amendment, NFC Award WHEN Finance Minister Muhammad Aurangzeb rises to present his third budget, the usual questions will apply. Which sectors face fresh taxation? Will the salaried clas
Pakistan's upcoming budget faces scrutiny over potential fiscal pressure on provincial governments. The federal government's demand for additional funds, exceeding Rs1.2 trillion, has led to delays in budget announcements and negotiations. Concerns are rising that the budget might unilaterally alter the National Finance Commission (NFC) award, which has historically allocated a larger share of national revenues to provinces, particularly smaller ones.
This potential move could undermine the fiscal decentralization established by the 18th Amendment and the 7th NFC Award. Experts warn that such actions could weaken the federation by centralizing financial control, despite stated goals of decentralization.
The situation highlights a critical tension between federal and provincial financial autonomy, potentially impacting the balance of power and resource distribution established by key constitutional reforms.
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