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Thursday November 21, 2024

Rs1.2bn PFC share released for 4,015 Punjab union councils

This grant has been transferred to the accounts of deputy commissioners from where it will be transferred to the accounts of union councils

By Naseem Qureshi
January 21, 2024
This image shows the currency of Pakistan along with US dollars. — AFP/File
This image shows the currency of Pakistan along with US dollars. — AFP/File

LAHORE: The provincial government has issued a PFC (Provincial Finance Commission) share of Rs1.2 billion to 4,015 union councils of Punjab.

According to a notification issued by the Finance Department, a PFC share of Rs300,000 has been issued to each union council. Earlier, a Rs150,000 monthly PFC share was being released to the union councils, which has increased by 100%. This grant has been transferred to the accounts of deputy commissioners from where it will be transferred to the accounts of union councils.

A grant of Rs82 million has been issued to 274 UCs of the Metropolitan Corporation Lahore; Rs29.7 million for union councils of district Sheikhupura; Rs37.5m for Kasur; Rs10.95m for Nankana Sahib, Rs49.8m for Gujranwala; Sialkot Rs44.4m, Gujarat Rs38.7m, Narowal Rs29.4m, Rawalpindi Rs52.2m, Sargodha Rs55.8m; Faisalabad Rs103.8m, Multan Rs55.5m, Khanewal Rs25.5m, Vehari Rs31.5m, Lodhran Rs21m, Sahiwal Rs30m, Okara Rs 42m, Pakpattan Rs10m. A share of Rs 6.2m, Bahawalpur Rs32.7m Bahawalnagar Rs40m, Rahim Yar Khan Rs41.7m and Rs34.5m has been released for the union councils of DG Khan district.