No deadlock on issues in NFC meeting: Tanvir Kaira

LAHORE: A meeting of National Finance Commission (NFC) meeting is being underway with the Finance Minister, Shaukat Tarin on chair on the second consecutive day here on Thursday.

Finance Minister of Punjab Tanvir Ashraf Kaira said there is no deadlock on any issue in NFC meeting. Several proposals are under consideration and chief minister Punjab will take the final decision.

Talking to media, Kaira said discussion underway on poverty, deprivation and revenue generation. He expressed hope that meeting will produce positive results.

Earlier, Federal Finance Minister Shaukat Tarin said that although there is no deadlock on the 7th National Finance Commission (NFC) Award, two provinces have yet to reach consensus on two points of multiple criteria formula for horizontal distribution, namely poverty and revenue generation