Gilgit-Baltistan: Body like NFC for GB Proposed

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GILGIT (Dawn): Prime Minister Raja Pervez Ashraf has asked the federal finance ministry to form a new body on the pattern of National Finance Commission for Gilgit-Baltistan to resolve the region’s financial issues with the centre.

The federal and Gilgit-Baltistan governments are likely to sign an agreement in this respect soon.

This was disclosed by a Gilgit-Baltistan Council member during a meeting.

The member said the agreement in question would strengthen the financial position of the Gilgit-Baltistan government as all taxes paid indirectly by locals would return to the region and thus, ushering in a new era of development.

He said Gilgit-Baltistan didn’t fall in the NFC ambit and that funds required by the region were released by the centre as assistance.

The Gilgit-Baltistan Council member said the prime minister had also issued directions for speedy legislation on mining, border trade, forest tourism, and potential sectors in the region for better foreign and local investment.


One thought on “Gilgit-Baltistan: Body like NFC for GB Proposed

    January 31, 2013 at 12:38 pm

    Good initiative by PM towards the development of GB, There must be a permanent solution of the financial problems being faced by the GB government. There is uncertainty among the people of GB as there is acute shortage of funds due to which salaries have not been paid for the Govt. employees.

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