Govt neither reduced nor delayed transfer of funds to provinces: MoF

Govt neither reduced nor delayed transfer of funds to provinces: MoF

Ministry of Finance has clarified that Federal Government has neither reduced nor delayed transfer of funds to any of the provinces.

In a statement, Ministry said all the provinces have been receiving their share in Federal Transfers in accordance with the NFC Award.

Federal Government makes these transfers, fortnightly, on the same day of reporting of the collections by the collecting agencies. Any shortfall in revenue collections results in a uniform change in the share of the Federation and the provinces in the Federal Transfers.