Publication:
Fiscal Implications of the 18th Amendment : The Outlook for Provincial Finances

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dc.contributor.authorPasha, Aisha Ghaus
dc.date.accessioned2014-06-20T20:22:30Z
dc.date.available2014-06-20T20:22:30Z
dc.date.issued2011-11
dc.description.abstractFollowing the transition to democracy in 2008, two very important political developments took place. These were the announcement of the 7th National Finance Commission Award, which was agreed upon in December 2009 in Lahore, Pakistan, and the unanimous ratification by Parliament of the 18th Amendment to the Constitution in April 2010. Both developments have the potential of fundamentally restructuring the way Pakistan is governed in the future. This paper is divided into four sections. The first provides a quick overview of the 18th Amendment and Its Major Fiscal Implications on Provincial Governments, including new functional responsibilities and institutions and financing of new responsibilities. The 18th Amendment brought important institutional changes and the fiscal powers of the provinces have been enhanced. As a result, the 18th Amendment will lead to a more balanced and decentralized structure of government of Pakistan and to an enhanced empowerment by the provinces. The second section provides an outlook for provincial finances and trends in fiscal variables and discusses borrowing and debt levels and ways to raise provincial resources. Under the 18th Amendment, the provinces now have greater access to domestic or foreign borrowing, but this has to be carefully monitored. The third section focuses on the potential for a new revenue sharing system and fiscal rules, including revenue sharing arrangements and exploring fiscal rules for provincial governments. The final section identifies a potentially large set of pending emerging issues. These are related to: devolution of particular functions; the distribution of assets/liabilities and flow of income; implications of the joint and equal ownership of natural resources by federal and provincial governments; impact of the 18th Amendment on the planning process; the future role of local governments; and the overall implications of decentralization on growth.en
dc.identifierhttp://documents.worldbank.org/curated/en/2011/11/19406865/fiscal-implications-18th-amendment-outlook-provincial-finances
dc.identifier.doi10.1596/18707
dc.identifier.urihttps://hdl.handle.net/10986/18707
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesWorld Bank Policy Paper Series on Pakistan;PK 02/12
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectADMINISTRATIVE CONTROL
dc.subjectAGRICULTURAL INCOME
dc.subjectAGRICULTURAL INCOMES
dc.subjectARREARS
dc.subjectBANK LOANS
dc.subjectBINDING CONSTRAINT
dc.subjectBONDS
dc.subjectBORROWINGS
dc.subjectBUDGET BALANCE
dc.subjectBUDGET CONSTRAINT
dc.subjectBUDGET DEFICIT
dc.subjectBUDGETARY ALLOCATIONS
dc.subjectBUOYANCY COEFFICIENT
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL GAINS
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKETS
dc.subjectCASH BALANCES
dc.subjectCENTRAL CITIES
dc.subjectCOLLATERALIZATION
dc.subjectCOMMODITY PRICES
dc.subjectCONTINGENT LIABILITIES
dc.subjectCREDIBILITY
dc.subjectCREDITORS
dc.subjectCREDITWORTHINESS
dc.subjectCURRENT EXPENDITURES
dc.subjectDEBT BURDEN
dc.subjectDEBT LEVELS
dc.subjectDEBT PAYMENTS
dc.subjectDEBT SERVICING
dc.subjectDECENTRALIZATION
dc.subjectDEFICITS
dc.subjectDEVELOPMENT COMPANY
dc.subjectDEVELOPMENT EXPENDITURES
dc.subjectDEVOLUTION
dc.subjectDISTRICT
dc.subjectDOMESTIC MARKET
dc.subjectECONOMIC SYSTEM
dc.subjectEFFICIENCY GAINS
dc.subjectEFFICIENT DELIVERY OF SERVICES
dc.subjectEMPLOYEE
dc.subjectEMPOWERMENT
dc.subjectEQUITY GROUNDS
dc.subjectEXPENDITURE
dc.subjectEXPENDITURE NEEDS
dc.subjectEXPENDITURES
dc.subjectEXTERNAL DEBT
dc.subjectFEDERAL BUDGET
dc.subjectFEDERAL EXPENDITURE
dc.subjectFEDERAL FINANCE
dc.subjectFEDERAL FUNDING
dc.subjectFEDERAL GRANTS
dc.subjectFEDERAL INCOME TAX
dc.subjectFEDERAL LAWS
dc.subjectFEDERAL MINISTRY
dc.subjectFEDERAL REVENUE
dc.subjectFEDERAL REVENUE SHARING
dc.subjectFEDERAL TAX
dc.subjectFEDERAL TRANSFERS
dc.subjectFINANCIAL LIABILITIES
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFISCAL DECENTRALIZATION
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DISCIPLINE
dc.subjectFISCAL EFFORT
dc.subjectFISCAL IMPACT
dc.subjectFISCAL MANAGEMENT
dc.subjectFISCAL PERFORMANCE
dc.subjectFISCAL POLICY
dc.subjectFISCAL RESPONSIBILITY
dc.subjectFISCAL SPACE
dc.subjectFISCAL TRANSFERS
dc.subjectFISCAL VARIABLES
dc.subjectFLOW OF FUNDS
dc.subjectFOREIGN DEBT
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT BUDGET DEFICIT
dc.subjectGOVERNMENT EMPLOYEES
dc.subjectGREATER ACCESS
dc.subjectHOUSING
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN RESOURCE
dc.subjectHUMAN RESOURCE REQUIREMENTS
dc.subjectIMMOVABLE PROPERTIES
dc.subjectIMMOVABLE PROPERTY
dc.subjectINCOME TAX
dc.subjectINFLATION
dc.subjectINFLATION RATE
dc.subjectINTEREST PAYMENTS
dc.subjectINTERGOVERNMENTAL TRANSFERS
dc.subjectINTERNATIONAL BANK
dc.subjectLAND OWNERSHIP
dc.subjectLEVEL OF DEBT
dc.subjectLEVEL OF GOVERNMENT
dc.subjectLEVIES
dc.subjectLEVY
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL GOVERNMENTS
dc.subjectMARKET BORROWING
dc.subjectMETROPOLITAN CITIES
dc.subjectMINISTRIES OF EDUCATION
dc.subjectMINISTRY OF COMMERCE
dc.subjectMONETARY FUND
dc.subjectNATIONAL FINANCE
dc.subjectNET REVENUE
dc.subjectNET REVENUES
dc.subjectOUTSTANDING DEBT
dc.subjectOVERDRAFT
dc.subjectPARTICULAR DEBT
dc.subjectPENALTY FOR DEFAULT
dc.subjectPENSIONS
dc.subjectPEOPLES
dc.subjectPHYSICAL ASSETS
dc.subjectPOLICY INSTRUMENT
dc.subjectPOLITICAL ECONOMY
dc.subjectPORTFOLIO
dc.subjectPORTFOLIOS
dc.subjectPROPERTY TAX
dc.subjectPROVINCE
dc.subjectPROVINCES
dc.subjectPROVINCIAL BANKS
dc.subjectPROVINCIAL BOUNDARIES
dc.subjectPROVINCIAL BUDGET
dc.subjectPROVINCIAL BUDGETS
dc.subjectPROVINCIAL DEBT
dc.subjectPROVINCIAL DEPARTMENTS
dc.subjectPROVINCIAL DEVELOPMENT
dc.subjectPROVINCIAL EXPENDITURES
dc.subjectPROVINCIAL FINANCE
dc.subjectPROVINCIAL FINANCES
dc.subjectPROVINCIAL FISCAL
dc.subjectPROVINCIAL GOVERNMENT
dc.subjectPROVINCIAL GOVERNMENTS
dc.subjectPROVINCIAL LEVEL
dc.subjectPROVINCIAL OFFICIALS
dc.subjectPROVINCIAL RESOURCES
dc.subjectPROVINCIAL REVENUES
dc.subjectPROVINCIAL TAX
dc.subjectPROVINCIAL TAX REVENUES
dc.subjectPROVINCIAL TAXES
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC POLICY
dc.subjectREAL ESTATE
dc.subjectRECEIPT
dc.subjectRECEIPTS
dc.subjectRECURRENT EXPENDITURE
dc.subjectREGULATORY AUTHORITIES
dc.subjectREGULATORY FRAMEWORK
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectREVENUE AUTHORITY
dc.subjectREVENUE GAINS
dc.subjectREVENUE MOBILIZATION
dc.subjectREVENUE SHARING
dc.subjectREVENUE SHARING FORMULA
dc.subjectREVENUE SHARING SYSTEM
dc.subjectREVENUE SHORTFALL
dc.subjectREVENUE SOURCES
dc.subjectREVENUE TRANSFERS
dc.subjectSAVINGS
dc.subjectSELF-FINANCING
dc.subjectSOCIAL WELFARE
dc.subjectSTAMP DUTIES
dc.subjectSTAMP DUTY
dc.subjectSTATE BANK
dc.subjectSTATE GOVERNMENT
dc.subjectSTATE GOVERNMENTS
dc.subjectSTRUCTURAL REFORMS
dc.subjectSUB-NATIONAL
dc.subjectSUB-NATIONAL GOVERNMENTS
dc.subjectSUBNATIONAL
dc.subjectSUBNATIONAL DEBT
dc.subjectSUBNATIONAL GOVERNMENTS
dc.subjectTAX
dc.subjectTAX ADMINISTRATION
dc.subjectTAX BASE
dc.subjectTAX BASES
dc.subjectTAX BURDEN
dc.subjectTAX COLLECTION
dc.subjectTAX LIABILITY
dc.subjectTAX PAYMENT
dc.subjectTAX POLICY
dc.subjectTAX RATES
dc.subjectTAX REFORMS
dc.subjectTAX REVENUE
dc.subjectTAX REVENUES
dc.subjectTAX SYSTEM
dc.subjectTAXATION
dc.subjectTAXES ON PROPERTY
dc.subjectTAXPAYER COMPLIANCE
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTOTAL DEBT
dc.subjectTOTAL EMPLOYMENT
dc.subjectTOTAL EXPENDITURE
dc.subjectTOWNS
dc.subjectTRANSACTION
dc.subjectTRANSPARENCY
dc.subjectWATER SUPPLY
dc.subjectWELFARE STATE
dc.subjectWELFARES
dc.subjectWOMAN
dc.titleFiscal Implications of the 18th Amendment : The Outlook for Provincial Financesen
dspace.entity.typePublication
okr.date.disclosure2014-04-18
okr.date.doiregistration2025-05-05T12:26:39.241795Z
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2011/11/19406865/fiscal-implications-18th-amendment-outlook-provincial-finances
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid444001468057855382
okr.identifier.externaldocumentum000016351_20140418120053
okr.identifier.internaldocumentum19406865
okr.identifier.report87101
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/04/18/000016351_20140418120053/Rendered/PDF/871010NWP0Box30180Amendment0111411.pdfen
okr.region.administrativeSouth Asia
okr.region.countryPakistan
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicUrban Development::Urban Economics
okr.topicGovernance::Regional Governance
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicMacroeconomics and Economic Growth::Subnational Economic Development
okr.unitEcon. Policy & Poverty Sector (SASEP)
okr.volume1 of 1
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