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- W2108551449 abstract "This study explores the evolution of fiscal resource distribution inPakistan. Pakistan is a federation comprising four provinces, federallyadministeredareas, and the Islamabad Capital Territory. Being a central type ofgovernment, most of the revenues are collected by the centre and thenredistributed vertically between the federal and the provincial governments, andhorizontally among the provinces. Provinces then also redistribute revenuesamong lower tiers of the government, through a revenue-sharing formula. Athorough look at the history indicates that this process has been complex and hasa far-reaching impact. A less systematic approach has been adopted todecentralise the financial matters. Over time, the divisible pool has expandeddue to heavy reliance on indirect taxes as well as improvement in the collection.Population is the sole distribution criteria, adopted in all NFC awards from thedivisible pool. This has raised friction among the provinces, necessitatinginclusion of other potential variables evolved from international best practices.In addition to that, absence of technical experts and permanency of the NFC isanother impediment. The NFC is supposed to provide the framework foramicable distribution of resources between the federal and the provincialgovernments for the joint goal of development and prosperity." @default.
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- W2108551449 date "2007-01-01" @default.
- W2108551449 modified "2023-09-26" @default.
- W2108551449 title "National Finance Commission Awards in Pakistan: A Historical Perspective" @default.
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