Friday, July 23, 2010

18th Amendment, 7th NFC Award: Punjab has acted like big brother: speaker

News Paper: Business Recorder

LAHORE (July 23 2010): Speaker Punjab Assembly Rana Muhammad Iqbal on Thursday said Punjab played the role of elder brother in the passage of the 18th Amendment from the National Assembly and in finalising the 7th National Finance Commission Award. He was addressing the briefing session, titled "Impact of the 18th Amendment and the 7th NFC Award on the Federation-Provinces relations," arranged by Pakistan Institute of Legislative Development And Transparency (Pildat) to brief lawmakers.

While appreciating the role of PML (N), Iqbal said Muslim League played an important role in finalising the recommendations of 18th Amendment. He said now it is the duty of the parliamentarians that they will play their role, which is necessary for the complete implementation of the recommendations of the 7th NFC Award.

He said 18th constitutional amendment and 7th National Finance Commission (NFC) Award would help strengthen Pakistan's democratic system. In a briefing session Senator S M Zafar said federal government was bearing Rs 852 billion budget deficit after transferring a major chunk of amount to provinces under 7th NFC Award.

Zafar said the government would also discuss hydropower projects with provinces as narrated in the 18th Amendment recommendations. He said the concurrent list had been abolished in 18th Amendment enhancing responsibilities of the provinces. Former Finance Minister Sartaj Aziz said provinces now would have to maintain their fiscal discipline by utilising resources provided by the federal government under 18th Amendment.

He said the proper utilisation of funds to serve the masses would strengthen government-mass connection. Former Punjab governor Shahid Hamid appreciated the job done by the constitutional committee members who finalised recommendations in total 77 meeting. Earlier, the federal government's consultant on financial management, Nauman Ishtiaq gave a presentation on the 7th NFC Award while Pildat Executive Director Ahmad Bilal Mehboob highlighted the importance of 18th Amendment and 7th NFC Award in the country's development.
-www.brecorder.com

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