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Since the promulgation of the Constitution of Pakistan in 1973 the distribution of financial resources between the federal and provincial governments, as well as among provinces (vertical and horizontal), is done through a five-year National Financial Commission (NFC) award. Further, the Constitution stipulates consensus among the members before announcement of the award but fulfilling that condition has alw adidas spezial ays been a big challenge. As a result, over a period of 45 years, seven nike af NFCs were awarded but only four of them (in 1974, 1991, 1997 and 2010) were successfully concluded while the remaining three (nearly half of them) remained inconclusive.The track record of the NFC members creates doubts about political leaders capability, seriousness and commitment to such important national matters.Before considering constraints in the way of the 9th NFC award, we need to understand what happens in the event of disagreement among its members and secondly, whose interests are mostly affec air jordan aj1 ted T Kihf How soaring US oil exports to China are transforming the global oil game
ISLAMABAD:The government on Wednesday slashed prices of petroleum products by up to Rs3 per litre effective from April 1, 2021.It reduced the price of high-speed diesel (HSD) by Rs3 per litre, petrol by Rs1.55 per litre, kerosene oil by Rs1.55 per litre and light diesel oil (LDO) by Rs1.56 per litre.The government had increased prices of petroleum products o adidas originals superstar ver the past several months. Now, the prices have been reduced for the fort af1 shoes night from April 1 to 15, 2021.High-speed diesel is widely used in transport and agriculture sectors. Therefore, the reduction in its price will have a positive impact and ease inflationary pressure.The government reduced the prices following recommendations of the Oil and Gas Regulatory Authority (Ogra).The prime minister decided to cut prices despite o nike jordan mujer pposition from the Finance Division, which wanted to adjust the price reduction by increasing the rate of petroleum levy to fetch more revenue from the consumers.Ogra determines ex-depot prices of petroleum pr
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