Tag: NFC
Fawad Chaudhry accuses PPP of spending NFC money on long march
Minister for Information and Broadcasting Chaudhry Fawad Hussain has accused the Sindh government of spending the entire National Finance Commission (NFC) award money on...
Is the rupee’s depreciation to record lows against the dollar justifiable?
The Pakistani rupee slumped to record lows against US currency by the end of September, despite growing foreign exchange reserves and increased economic activity. The State Bank of Pakistan (SBP) allowed the rapid rupee depreciation, unleashing uncertainty in the markets, hurting investment and business sentiment and increasing the country’s mountain of debt without any fresh borrowing. Is SBP’s inaction amidst the falling rupee the right policy?
Growing Disaster
Unchecked population growth is the major issue feeding into Karachi’s problems
A Case for Devolution
Distribution of funds through the National Finance Commission Award from the federal to the provincial governments is just one step towards devolution