The council will meet at least once in every quarter and its recommendations will be expressed in terms of majority and placed before the NFC Monitoring Committee. The NFC Monitoring Committee also approved the terms of references for the Fiscal Coordination Committee, which will be responsible for the fiscal framework. However, the NFC Monitoring Committee will perform its role. The NFC Monitoring Committee will review and discuss the fiscal policy issues of the federal and provincial governments and suggest solutions. The NFC Monitoring Committee also approved the biannual report on the implementation of the NFC Award for the periods of July-December 2018 and January-June 2019.

Source: The Express Tribune March 13, 2020 03:45 UTC