What are the challenges faced by National Finance Commission?
The National Finance Commission in Pakistan faces numerous challenges in its efforts to distribute financial resources among the provinces in a fair and equitable manner. Some of the key challenges include discrepancies in data collection and reporting, varying levels of economic development among the provinces, political influences on resource allocation, lack of transparency and accountability in financial decision-making, and a growing debt burden that limits the resources available for distribution. These challenges make it difficult for the National Finance Commission to effectively fulfill its mandate and ensure that financial resources are allocated in a manner that promotes economic growth and stability across the country.
This mind map was published on 18 March 2024 and has been viewed 82 times.