ISLAMABAD: The federal government has transferred Rs822,089.4 billion to provinces under National Finance Commission (NFC) Award during the first five months of the current fiscal year 2020-21.
Up to November 17, 2020, Rs774,615.7 billion has been transferred from divisible pool, Rs42,588.3 billion as straight transfers and Rs4,885.4 billion as grants-in-aid, official sources said.
According to official data, a sum of Rs384,602.9 billion has been transferred to the Punjab, Rs213,288.1 billion to Sindh, Rs130,410 billion to Khyber Pakhtunkhwa and Rs72,788.5 billion to Balochistan.
The break up figures show that the Punjab received Rs382,988.6 billion from divisible pool and Rs1,614.2 billion from straight transfers while Sindh got Rs181,723.4 billion from divisible pool, Rs26,679.3 billion from straight transfers and Rs4,885.4 billion as straight transfers.
Khyber Pakhtunkhwa received Rs121,223.2 billion from divisible pool and Rs9,186.8 billion from straight transfers. Balochistan received Rs88,680.4 billion from divisible pool and Rs5,108.1 billion from straight transfers.
Meanwhile, during the previous fiscal year 2019-20, the federal government transferred Rs2,514.3 billion to provinces, of which Rs1193.1 were given to the Punjab, Rs629.9 billion to Sindh, Rs399.8 billion to Khyber Pakhtunkhwa and Rs191.4 billion to Balochistan.
Of the amount, Rs2404.5 billion have been transferred from divisible pool, Rs93.9 as straight transfers and Rs15.9 billion as grants-in-aid.
