NFC meeting on IMF relief package postponed
A meeting of the National Finance Commission (NFC) on revival of the IMF relief package for Pakistan was postponed all of a sudden on Thursday.
According to sources, the Finance Ministry was supposed to discuss distribution of resources with the provinces at the meeting. However, the Finance Ministry cancelled the meeting citing unavoidable reasons.
All provincial members of the NFC had been invited to the critical meeting ahead of the IMF relief package revival. The meeting was supposed to discuss expenditure and resources of the federal government. Steps to cut the expenditure and new proposals on the NFC award had to be finalised at Thursday’s meeting, but it was postponed.