National Finance Commission Award

institutions. Also NFC Award

The formula, set by a commission that Article 160 of Pakistan’s Constitution requires at intervals of no more than five years, for dividing federal tax revenue (the “divisible pool”) between the federal government and the provinces, and then among the provinces. The seventh award, agreed in 2009, raised the provinces’ share to 57.5 percent, and the Eighteenth Amendment bars a later award from reducing a province’s share.^1,2

Linked from 3 pages across CUPA.

Sources

Beyond the NFC Award: Pakistan’s Unfinished Devolution to Local Governments. Pakistan Institute of Development Economics. Scholarly
NFC Awards (Pakistan Economic and Social Review). University of the Punjab. Scholarly