Скачать или смотреть President Zardari Forms 11th NFC to Distribute Revenue | Dawn News English

President Asif Ali Zardari on Friday constituted the 11th National Finance Commission (NFC) to develop a new formula for the distribution of federal divisible resources between the Centre and the provinces.

The move comes after the 10th NFC expired on July 21, and amid growing calls to revise revenue transfers in order to ease federal financial constraints.

According to a notification from the Finance Division, Finance Minister Muhammad Aurangzeb will chair the commission. Other members include the four provincial finance ministers, former bureaucrat Nasir Mahmood Khosa (Punjab), economist Asad Sayeed (Sindh), ex-bureaucrat Dr Musharraf Rasool Cyan (KP), and Farmanullah (Balochistan).

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