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Financial ministry decline records with regards to any delay, discount of money to provinces

ISLAMABAD: Ministry of Financial on Tuesday said the federal government has either of them minimized nor the late exchange of money to any one of the provinces.

The ministry declared in an announcement almost all the provinces had been collecting their share in Federal Exchanges in accordance with the NFC Award.

“Federal Govt creates these exchanges, fortnightly, on the similar day of report writing of the selections by the collection of organizations,” Radio Pakistan reported.

It declared shortfall in revenue collections results in a uniform shift in the share of the Federation and the provinces in the Federal Transfers.

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