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Finance ministry decline reports regarding delay, reduction of funds to provinces
The finance ministry said in a statement all the provinces have been receiving their share in Federal Transfers in accordance with the NFC Award.
By Web Desk
Published April 30, 2019
ISLAMABAD: Ministry of Finance on Tuesday said federal government has neither reduced nor delayed transfer of funds to any of the provinces.
The ministry said in a statement all the provinces have been receiving their share in Federal Transfers in accordance with the NFC Award.
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"Federal Government makes these transfers, fortnightly, on the same day of reporting of the collections by the collecting agencies," Radio Pakistan reported.
It said shortfall in revenue collections results in a uniform change in the share of the Federation and the provinces in the Federal Transfers.
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