The Pakistan government has rejected the International Monetary Fund’s (IMF) demand for National Finance Commission (NFC) Award revisit. Citing the shortage of federal funds, the IMF asked Islamabad to revisit the NFC Award with the provinces during the second review talks under the $3 billion loan programme under SBA.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Pakistan wants to further expand cooperation with Russia: President Zardari

President Asif Ali Zardari on Thursday said that Pakistan desired to enhance…

Pak Army officer’s minor son martyred in Indian firing at LoC

MUZAFFARABAD: A 7-year-old boy was martyred in Azad Jammu and Kashmir (AJK)…

World urges restraint as Pakistan-Afghanistan border tensions spike

Global powers have urged restraint as China, Russia, Iran and the United…

‘Sinwar’s Stick’: Slain Hamas leader inspired new phrase for resistance

Hamas leader Yahya Sinwar’s last act of defiance, caught on drone camera…