distribute resource envelop,” official sources confirmed to The News here on Saturday.
When contacted to KP’s Minister for Local Government Inayatullah Khan, he confirmed to The News on Saturday that the PFC finalised resource distribution formula on the basis of population, poverty, lack of infrastructure and revenue generation. “The PFC has granted 50 percent weightage to population, 25 percent to poverty, 20 percent to lack of infrastructure and 5 percent to revenue generation for distributing resources among different districts,” he added.
He also said that 70 percent resources would be provided to provincial government while 30 percent would be provided to local governments under the PFC agreement.
In Punjab, the LG system 2013 envisages that the provincial government shall constitute Punjab Finance Commission.
Composition of Punjab Finance Commission: The Punjab Finance Commission shall consist of the following members:
(a) Minister for Finance who shall be the Chairperson; (b) Minister for Local Government who shall be the Co-Chairperson; (c) seven members of the provincial assembly of the Punjab, five members including at least one female member to be nominated by the chief minister and two members including at least one female member to be nominated by the Leader of the Opposition in the provincial assembly; mayor, metropolitan corporation; one mayor of Municipal Corporation, one chairman of Municipal Committee, one chairman of District Council and one chairman of Union Council to be nominated by the government;] (d) Secretary to the Government, Finance Department; (e) Secretary to the Government, Planning and Development Department; (f) Secretary to the Government, Local Government and Community Development Department; and (g) two professional members from the private sector to be nominated by the government on such terms and conditions as may be prescribed by the government. The composition of PFC in Sindh envisages 13 member PFC headed by minister for Finance.