Finance Minister Senator Ishaq Dar said on Monday that the government would soon announce a unanimous and equitable 9th National Finance Commission (NFC) Award.
Dar said this while talking to the media after holding a meeting on 9th NFC Award here at the Ministry of Finance. The members of the NFC committee Dr.Ayeha Ghous, Saleem H Mandiviwala, Prof. Muhammad Ibrahim and Qaiser Bengali were also present on the occasion.
The Finance minister said that there was also a proposal under consideration of the federal government to establish National Security Fund (NSF) in which 3 per cent revenue would be pooled for war against terrorism.
Ishaq Dar said that for the 9th NFC Award four groups were formed who have submitted their reports and presented useful inputs and suggestions to be discussed in the third week of next month (December).
He added that during the meeting in the light of groups’ reports a roadmap for future macroeconomic stability at federal and provincial level would also be discussed with focus on the provinces. He said that the federal government had also taken steps for increasing revenues for the benefit of the country. The Finance minister appreciated the provinces for their effort in the mobilization of resources in their respective provinces.
Speaking on the occasion, Punjab Finance Minster Dr Ayesha Ghous said that the direction has been set for the 9th NFC Award.
Saleem H Mindviwala, Prof Ibrahim and Qaiser Bengali expressed the hope that 9th NFC Award would be announced soon and expressed their satisfactions over the progress regarding announcement of the award.