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| June 11, 2005 | Saturday | Jumadi-ul-Awwal 3, 1426 |
NFC award not in sight: minister
KARACHI, June 10: For Sindh’s Finance Minister Syed Sardar Ahmad a consensus award of the National Finance Commission (NFC) is not in sight and he gave a vent to his frustration and disappointment by saying ‘Hunooz Dilli door ast’.
In his 2005-6 budget speech on Monday, the minister said that Sindh had great hopes that the sixth NFC, constituted in 2000 and re-constituted in 2002, would provide the needed resources.
Unfortunately, diversity of views on the distribution criteria proved a stumbling block in arriving at a decision. “Sindh continues to adhere to its principled stand and advocates a multiple criteria with due weightage to population, state of under development (including the disadvantages of sparsely populated region in Balochistan) and revenue collection”, the finance minister declared.
But then he regretted that a unanimous decision on NFC is not in sight.
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