Islamabad : Provinces would get 1459 billion rupees from Federal Divisible Pool under the 7th NFC Award as against 1203 billion rupees during the current financial year.
Federal Finance Minister Dr. Abdul Hafeez Shaikh has announced this during his speech of Federal Budget 2012-13 on Friday.
Minister said that the net federal receipts for the next year are estimated at 1775 billion rupees as against 1529 billion rupees during the current financial year resulting into budgetary deficit of 1185 billion rupees. Provincial surpluses during the next financial year are expected to be in the range of eighty billion rupees.
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