| GEO Pakistan|
| Tarin says progress achieved on NFC Award|
| Updated at: 1826 PST, Thursday, November 19, 2009|
KARACHI: Federal Minister for Finance Shaukat Tarin Thursday expressed satisfaction on the progress achieved so far in the meetings being held in connection with reaching a consensus between provinces and federation on the distribution of NFC Award.
Briefing the media here, Shaukat Tarin said the stakeholders are close to reaching a consensus on the formula for vertical distribution of resources.
He said all the provinces have expressed agreement on helping NWFP.
“Consensus has been reached on verticial distribution of resources and now talks will be held on provinces’ shares,” the Finance Minister told the reporters. However, he said, some technical details are yet to be finalized with regard to the formula for vertical distribution.
He said input of all the provinces were taken on the distribution of the divisible pool.