AVN 47.23 Decreased By ▼ -2.70 (-5.41%)
BAFL 29.58 Decreased By ▼ -0.24 (-0.8%)
BOP 3.68 Decreased By ▼ -0.04 (-1.08%)
CNERGY 3.20 Decreased By ▼ -0.14 (-4.19%)
DFML 9.99 Decreased By ▼ -0.27 (-2.63%)
DGKC 47.69 Increased By ▲ 1.04 (2.23%)
EPCL 43.29 Decreased By ▼ -0.35 (-0.8%)
FCCL 11.87 Increased By ▲ 0.09 (0.76%)
FFL 5.81 Decreased By ▼ -0.17 (-2.84%)
FLYNG 5.61 Decreased By ▼ -0.09 (-1.58%)
GGL 9.80 Decreased By ▼ -0.09 (-0.91%)
HUBC 67.87 Increased By ▲ 0.19 (0.28%)
HUMNL 5.65 Decreased By ▼ -0.10 (-1.74%)
KAPCO 22.10 Decreased By ▼ -0.07 (-0.32%)
KEL 1.79 Decreased By ▼ -0.02 (-1.1%)
LOTCHEM 27.34 Increased By ▲ 0.33 (1.22%)
MLCF 27.84 Increased By ▲ 1.36 (5.14%)
NETSOL 70.33 Decreased By ▼ -2.28 (-3.14%)
OGDC 74.11 Decreased By ▼ -1.49 (-1.97%)
PAEL 9.61 Increased By ▲ 0.02 (0.21%)
PIBTL 3.86 Decreased By ▼ -0.05 (-1.28%)
PPL 56.82 Decreased By ▼ -1.78 (-3.04%)
PRL 13.96 Decreased By ▼ -0.18 (-1.27%)
SILK 1.03 Decreased By ▼ -0.02 (-1.9%)
SNGP 40.85 Decreased By ▼ -0.57 (-1.38%)
TELE 6.37 Decreased By ▼ -0.33 (-4.93%)
TPLP 11.67 Decreased By ▼ -0.63 (-5.12%)
TRG 90.20 Decreased By ▼ -2.43 (-2.62%)
UNITY 12.36 Increased By ▲ 0.16 (1.31%)
WTL 1.10 Decreased By ▼ -0.01 (-0.9%)
BR100 4,098 Decreased By -16.1 (-0.39%)
BR30 13,852 Decreased By -122.9 (-0.88%)
KSE100 40,965 Decreased By -65.1 (-0.16%)
KSE30 14,532 Decreased By -43.8 (-0.3%)
Follow us

ISLAMABAD: The federal cabinet has reportedly decided to conduct financial and performance audit of Rs417 billion allocated to KPK under the NFC Award, 2010, well-informed sources told Business Recorder.

The decision was taken by the cabinet in its meeting held on February 1, 2023 under the chairmanship of Prime Minister Shehbaz Sharif.

According to sources, to drawing attention to the special provision in the NFC Award, 2021, it was stated that the provinces, in acknowledgement of KPK’s frontline status against terrorism, had unanimously decided to allocate 1 per cent of net proceeds of the Divisible Pool to KP over and above its share.

Rs600bn spent on KP’s security in a decade: Taimur Jhagra

The Prime Minister regretted that the envisioned counter-terrorism capacity had not apparently been built by the provincial government. He questioned as to where Rs. 417 billion, given to the province under this arrangement during the last 13 years, had been spent when the provincial CTD and the Police were complaining to be ill-equipped to fight the menace. He recalled that as Chief Minister, Punjab, he had raised a professional CTD without any financial support from federal government.

The Prime Minister said it is a matter of concern as to how TTP staged a comeback, when the militants had been vanquished after the successful military operations and its remnants had escaped to Afghanistan.

He unequivocally stated that any dialogue with militants who do not recognize the Constitution of Pakistan, was an exercise in futility and it must be clear that there were no good or bad terrorists. He expressed a firm resolve to once again unite the nation and rid the country from the menace of terrorism.

Thereafter, he invited views/suggestions from the House. The Finance Minister pointed out that besides the funds allocated to KPK under the NFC Award, Rs. 100 billion per year were given for operation Zarb-e-Azb by the federal government for three and a half years. Another member exhorted on the need to bring clarity that terrorists were enemies of Pakistan and their apologists must also be considered as enemies of the state.

The policy of appeasement must, therefore, be shunned. In order to show solidarity with people of KPK, a suggestion was given that next Cabinet meeting and Apex Committee meeting be held in Peshawar.

Highlighting that the terrorists were masquerading their heinous acts by giving them religious colour, it was, therefore, necessary to counter their narrative through Ulema, who should enlighten that militancy was not Jihad but ‘Fitna’ and ‘Fasaad’.

In this regard it was suggested that PBC should start an FM channel, airing programs in Pushto, to educate the vulnerable youth in the Tribal Areas so as to dissuade them from becoming tools at the hands of these anti-state elements.

Copyright Business Recorder, 2023


1000 characters

Rs 417bn received by KP: Cabinet decides to conduct audit

PM praises team, says economy back on the rails

6.0 magnitude earthquake jolts Islamabad, other cities

Govt rules out negotiations with Imran

Audio leaks: Probe commission questions stay order issued by SC bench

Online billing solution: ECC approves Rs263.988m more funds for CGA office

US conducts strike near site of Shabaab attack in Somalia

Income tax: Govt likely to introduce e-assessment scheme

IK says ‘will give a surprise’ soon

China's first homegrown passenger jet makes maiden commercial flight

Different categories of cos: SECP gets powers to approve capital expenditure/disposal of fixed assets