Finance Minister Asad Umer chairs NFC meeting in Lahore

Finance Minister Asad Umer chairs NFC meeting in Lahore

Lahore (Staff Report): Finance Minister Asad Umer on Friday chaired a meeting of the 9th National Finance Commission Award in Lahore.

According to sources, the meeting discuss the resource distribution formula between the center and the federating units.

The last NFC award was signed in December 2009 in which greater share was given to the provinces from the federal divisible pool.

Amongst others, the provincial finance ministers are also attending the meeting.