- Federal Finance Secretary calls for increasing KP share in the allocation for anti-terrorism fund from one to five per cent.
PESHAWAR, January 25: A working group of the national Finance Commission which has to prepare a report on Allocation Efficiency and Expenditure analysis at the Federal and Provincial levels met in Islamabad on Monday with Prof. Ibrahim in the chair. Khyber Pakhtunkhwa Minister for Finance, Muzaffar Said, Aisha Ghaus Pasha, Federal Joint Secretary for Finance Punjab, and Finance Secretaries of all the provinces also attended the meeting. It discussed in detail the report presented by the Khyber Pakhtunkhwa.
The Punjab Finance Minister described it a golden opportunity and added that with the help of this report, the provinces would be able to present their cases for increase In their share of revenue. He also stressed the need for increase in revenue due to the burden on provinces as a result of the 18th Amendment and SDG. The meeting also described the CPEC and National Action Plan as two different issues. The Federal Secretary on this occasion touched the issue of Khyber Pakhtunkhwa share in the allocation for anti- terrorism fund and added that it should be increased from one to five per cent. He told the meeting that the Khyber Pakhtunkhwa province has demanded Rs. 66 billion under the National Action Plan. He also stressed the need for review of the demands of the provinces in respect of the 18th Amendment and SDG and described it an important report. He also expressed satisfaction over the recommendations forwarded by the Khyber Pakhtukhwa Province. Secretary Finance Khyber Pakhtukhwa Ali Raza Butta on this occasion presented summary of the meeting on this occasion.-PR
