www.punjabics.com

Home

 

‘President wants NFC Award finalised quickly’

KARACHI: President Asif Ali Zardari has directed that the National Finance Commission (NFC) Award should be finalised at the earliest so that the award could be given out, Sindh Information Minister Shazia Marri told the media.

Marri said that the president issued the directives while chairing a special meeting of the Sindh Cabinet held at the Chief Minister’s House on Wednesday. Sindh Governor Dr Ishratul Ibad Khan, Sindh Chief Minister Qaim Ali Shah and Federal Information Minister Qamar Zaman Kaira, along with the Sindh Cabinet ministers, advisers and special assistants attended the meeting. Marri said that Shah drew the president’s attention towards the issues of the NFC and the GST on services. “The president expressed the desire that the NFC Award should come at the earliest and for this purpose, the meetings on the issue be expedited to reach a solution,” she said. She informed the media that Adviser to the Prime Minister on Finance Shaukat Tareen was also present at the meeting and shared his views with regards to provincial finances, informing the attendees that in the Federal Divisible Pool, Rs 128 billion were kept for Sindh, out of which, Rs 94 billion have been released. “He also spoke about state transfers and said that out of about Rs 41 billion allocated, Rs 39 billion had been released. These figures are for the current fiscal year and, hopefully, would increase in the coming budget,” Marri stated. She said that the finance adviser assured that the figures being worked out now would surpass the current figures. “According to him, Sindh’s share in PSDP is to get an enhancement because the focus of the present government on PSDP is in relation to agriculture, infrastructure and social sector, which includes health and education, so as to meet the issue of poverty alleviation,” said Marri, adding that the other issues that came under discussion were related to agriculture and irrigation. She said that to focus on these two, the president has directed the setting up of a task force for upgrade of water courses, so that projects thereof could reach the completion stage at the earliest. Marri said that the Jhirk City plan also came up in the meeting, informing the media that the president has said that Jhirk would be developed as a model city in relation to infrastructure and roads. Marri said that compared to the number of power plants being installed in the country, a higher number are being installed in Sindh. The provincial minister pointed out that the funds allocated for development this year amounted to Rs 290 billion, out of which, around Rs 220 billion have been released, while Rs 34 billion went to the income support fund.

Marri added that this amount comes to Rs 254 billion but the federal government is making efforts to increase this in the development budget, so that provincial share also goes up.

Adviser for Petroleum Dr Asim Hussain was also present in the meeting and he informed the attendees that a $500 million project of mass transit is being taken up with Chinese collaboration and meetings in this regard are going to be held soon.

Marri said that the president has directed Hussain to hold a meeting with the Provincial Cabinet and appraise it about projects pertaining to their areas and share views with them. Issues relating to oil and gas companies, including their social responsibilities, also came under discussion. Marri said that regarding the NFC award, the chief minister said that the award should be determined on the basis of a multiple formula, which was also taken up with the prime minister. She said that the finance adviser stated that a lot of work on this has been done and a final shape would soon be given in coming meetings, adding that if this issue gets resolved, the provinces will be afforded a lot of financial relief. app

Daily Times: May 28, 2009