Get the latest news and updates from Dawn
• Says centralisation at one level may prove more effective if provinces don’t empower local governments
• Setting targets alone isn’t sufficient without practical measures and continuous monitoring, opines Dr Ishrat Husain
KARACHI: Former federal finance minister Dr Miftah Ismail has questioned the usefulness of the National Finance Commission (NFC) award in a country like Pakistan, where provinces fail to transfer financial resources to local governments.
He said that the Provincial Finance Commissions (PFCs) were not functioning effectively and “if provinces do not devolve resources and powers to local governments, then centralisation at one level may prove more effective than monopolies at four different levels”.
