Fiscal Commission Urges Center Not to Cut Financial Equalization Grants to Provinces and Local Levels
Summary
The National Natural Resources and Fiscal Commission urges the federal government not to reduce financial equalization grants to provinces and local levels, emphasizing constitutional obligations despite revenue shortfalls.
Key Points
- The National Natural Resources and Fiscal Commission has requested the federal government not to cut financial equalization grants to provinces and local levels.
- The Commission stated that it has constitutional authority to determine and recommend the grant amounts, which must be implemented.
- The government cited a shortfall in revenue collection as the reason for reducing the grant payments.
- In the previous fiscal year, similar grant cuts led to dissatisfaction among provinces and local levels, impacting ongoing projects.
