World Bank Urges Pakistan to Revamp NFC Award Formula | Economy Matters | SAMAA TV

#samaatv #Pakistan #WorldBank #PakistanEconomy #DebtCrisis #EconomicCrisis #PakistanNews #BreakingNews #IMF #Finance #SamaaTV World Bank Urges Pakistan to Revamp NFC Award Formula | Economy Matters | SAMAA TV The World Bank (WB) has urged Pakistan to overhaul the National Finance Commission (NFC) Award by revising both the vertical and horizontal revenue-sharing formula and adopting a fiscal equalisation model based on provinces’ spending needs and revenue capacity. Recommendations were unveiled on Wednesday in the World Bank’s report, Strengthening Fiscal Federalism in Pakistan, launched by Lead Economist Tobias Haque alongside Country Director Bolormaa Amgaabazar in Islamabad. The World Bank said the current fiscal arrangements had contributed to a structural federal fiscal deficit, weakened revenue mobilisation and failed to improve public service delivery despite the devolution introduced under the 18th Constitutional Amendment. SAMAA TV is the top Pakistani news channel covering national news from a diverse array of fields -- from politics and current affairs, business and sports to international, entertainment and culture. The channel aims at providing factual, in-depth and latest news as and when it happens. Tune in to SAMAA TV to stay updated, whether at home or on the go, on all things current and relevant. ➽ Subscribe to Samaa News ➽ https://bit.ly/2Wh8Sp8 ➽ Watch Samaa News Live ➽ https://bit.ly/3oUSwAP Stay up-to-date on the major news making headlines across Pakistan on SAMAA TV’s top-of-the-hour segment. For in-depth coverage watch the bulletins. SAMAA TV is Pakistan’s first private satellite news channel that provides live transmission simultaneously from five cities of Pakistan: Karachi, Lahore, Islamabad, Quetta and Peshawar. SAMAA’s live news bulletins, incisive political talk shows and a wide range of programs including sports, social issues and infotainment has enabled it to position itself among the top tier news and current affairs channels of Pakistan. SAMAA Network : SUBSCRIBE to get the latest SAMAA News content: https://bit.ly/2Wh8Sp8 Visit https://www.samaa.tv for lightning-fast news, special updates, highlights, and exclusive analysis from top anchors and journalists across Pakistan and the globe. 📱 SAMAA TV on the Play Store: https://play.google.com/store/apps/de... 📱 SAMAA TV on the App Store: https://apps.apple.com/pk/app/samaa-n... About SAMAA TV سما ٹی وی پاکستان اور دنیا بھر کی تازہ ترین خبریں، تجزیے، اپ ڈیٹس اور بریکنگ نیوز آپ تک سب سے پہلے پہنچاتا ہے۔ سیاست، کھیل، معیشت، اور شوبز کی دنیا سے ہر بڑی اور چھوٹی خبر کے ساتھ، ہمارے ماہر تجزیہ کار اور صحافی آپ کو مستند معلومات فراہم کرتے ہیں۔ ► SAMAA News YouTube Channel: https://bit.ly/2Wh8Sp8 ► SAMAA Originals YouTube Channel: https://bit.ly/32c1qO3 ► SAMAA MONEY YouTube channel: https://bit.ly/2EkiglJ ► SAMAA SPORTS YouTube channel: https://bit.ly/34jyINP ► SAMAA ISLAMIC YouTube channel: https://bit.ly/2LT1WMF Keep watching SAMAA! For latest Urdu News updates visit: http://www.samaa.tv   / samaatvnews     / samaatv     / samaatv   https://www.dailymotion.com/samaadigital https://whatsapp.com/channel/0029Va8E... Punjab Govt | CM Punjab | Punjab Assembly | Bilawal Bhutto | Imran Khan | News | Breaking News | Latest News | News Headlines | Prime Time Headlines | Samaa News | News Channel | Live News | Breaking News | Latest News | Pakistan Breaking News | Breaking News Today | News Headlines | Headlines News | Pakistan News | Headlines | Live News | News Updates | Samaa news live | Samaa | Samaa Live | Samaa News Live Streaming | Samaa Youtube Channel | Samaa Channel | Samaa Tv Live | Samaa Tv | Samaa Live Tv | Samaa Live News