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Govt finally calls inaugural National Finance Commission session on Dec 4

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  Govt finally calls inaugural National Finance Commission session on Dec 4 • Aurangzeb-led commission to chart strategy, form sub-groups for new award • Provinces, Centre to give 10-minute briefings on fiscal positions • Terms of reference cover distribution of five key federal tax categories • Commission to debate cost-sharing for provincial, national, transnational projects • PM expected to engage with leadership of key allies before formal sitting ISLAMABAD: After yet another rescheduling, the federal government has convened the inaugural meeting of the 11th National Finance Commission (NFC) on Dec 4 to set the housekeeping framework for subsequent technical, financial and legal discussions on horizontal and vertical resource sharing among the federating units. According to notices sent to the provinces, the first NFC meeting, to be presided over by Federal Finance Minister Muhammad Aurangzeb, will take up three agenda items. It will begin with general discussions on “stra...

Former President Jair Bolsonaro asks to serve house arrest in Brazil

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  Lawyers for former Brazilian President Jair Bolsonaro have asked Supreme Court Justice Alexandre de Moraes to allow him to serve his 27-year sentence under house arrest, citing health concerns. According to a document reviewed by the Reuters news agency on Friday, Bolsonaro’s lawyers said the 70-year-old former president’s recurring intestinal issues would make imprisonment life-threatening. He had been stabbed in the stomach while campaigning in the state of Minas Gerais in 2018. “It is certain that keeping the petitioner in a prison environment would pose a concrete and immediate risk to his physical integrity and even his life,” the document said. It asked for house arrest on humanitarian grounds. In September, Bolsonaro was sentenced to 27 years and three months in prison by a five-judge panel from Brazil’s Supreme Court. He was convicted of plotting a coup to remain in power after losing the 2022 election to leftist President Luiz Inacio Lula da Silva. The former right-win...