ISLAMABAD: The inaugural meeting of the 11th National Finance Commission (NFC) is being held here on Thursday (today) to formally begin negotiations on the horizontal and vertical distribution of divisible pool resources among the federating units.

Federal Finance Mini­ster Muhammad Auran­gzeb will preside over the meeting, which will take up three agenda items. The four provincial finance ministers and four non-statutory members — Dr Asad Sayeed (Sindh), Mehfooz Ali Khan (Baloc­histan), Nasir Mehmood Khosa (Punjab) and Dr........

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