ISLAMABAD According to National Finance Commission (NFC) Award, the Federal Government will transfer Rs 1,045 billion to the provinces in the upcoming budget for the next fiscal year, documents available with TheNation revealed. According to the available documents, Rs 129 billion will be given to the provinces as Straight Transfers while Rs 900 billion will be provided in the form of Provincial Share of Revenue. Moreover, additional Rs 16 billion would be given to the Khyber Pakhtunkhwa, as the province has been in the state of war and fighting war against terror for the last few years. The share to the provinces would be enhanced to Rs 1,045 billion for the coming financial year from existing Rs 662 billion. The Rs 1,045 billion will be 6.3 percent of the gross domestic product (GDP), which was only 4.4 percent in the ongoing fiscal year. The NFC Award was announced in December last year. The Award has been due for the last 13 years, but could not be announced because of a lack of consensus among the Centre and provinces. The NFC Award will effect from the start of the next fiscal year (July 2010). It is worth mentioning here that according to NFC Award announced in December 2009, the share of revenue from the revenue divisible pool will be enhanced and large share of the Federal Tax Revenue will be transferred to the provinces starting from 56 percent in the coming fiscal year while it will be increased to 57.5 percent in the fiscal year 2011-12. The documents further revealed that the share of the provinces under NFC Award would be enhanced to Rs 1,269 billion in 2011-12 that will be 6.9 percent of the GDP. In 2011-12, Rs 1,102 billion will be given to provinces as Share of Revenue, Rs 148 billion as Straight Transfers and additional Rs 19 billion will be given to Khyber Pakhtunkhwa. Similarly for the fiscal year 2012-13, the share to the provinces will be around Rs 1,512 billion that will be 7.4 percent of the overall GDP. In the said year, Rs 1,322 billion will be given to provinces as Share of Revenue, Rs 168 billion as Straight Transfers and Rs 23 billion will be given to Khyber Pakhtunkhwa due to war on terror.