Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Supreme Court revives pro-Republican Texas voting map

December 5, 2025

Fire breaks out at garment factory in Karachi Export Processing Zone

December 5, 2025

11th NFC’s inaugural session concludes in ‘cordial astmosphere’

December 4, 2025
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » 11th NFC’s inaugural session concludes in ‘cordial astmosphere’
Pakistan

11th NFC’s inaugural session concludes in ‘cordial astmosphere’

i2wtcBy i2wtcDecember 4, 2025No Comments5 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


Government will hold discussions openly, listen to provinces’ stance, says FinMin

The inaugural meeting of the 11th National Finance Commission concluded with parties agreeing to consider Khyber-Pakhtunkhwa’s share in the NFC award after the merger of FATA and PATA into the province. A working group will be formed to review federal and provincial shares.

Its first session, originally scheduled for August 27, was postponed several times at the request of the Sindh government and the Prime Minister’s Office

Finance Minister Muhammad Aurangzeb described the meeting as an important step for fulfilling constitutional responsibilities. He noted that the term of the 10th NFC Award ended on July 21, this year, which increases the significance of today’s meeting.

Aurangzeb said the federal government was committed to holding the inaugural meeting without delay and that the prime minister took a keen interest in ensuring its timely convening.

He added that the provinces had shown commitment to fulfilling their constitutional responsibilities in a timely manner.

The finance minister said discussions would be conducted with an open mind, stressing that the federal government would consider the provinces’ perspectives. He expressed confidence that the provinces would engage constructively.

Read: Centre proposes provincial share cuts ahead of crucial NFC talks

He also appreciated the provinces for signing the National Fiscal Pact, calling it a demonstration of shared resolve and cooperative spirit

Aurangzeb highlighted the NFC’s role in ensuring fair resource distribution, fiscal stability, and sustainable economic growth, adding that finalising the 11th NFC Award remains a key objective.

Finance Adviser Muzammil Aslam said the meeting was conducted in a cordial atmosphere, noting that major provinces had extended support to smaller provinces, a development he described as positive.

All parties supported considering Khyber-Pakhtunkhwa’s share in the NFC award following the merger of FATA and PATA into the province. A working group will be formed to review federal and provincial shares and related legal matters.

Aslam stated that the working group is set to examine other legal matters related to federal and provincial shares, with opinions to be sought from the Law Division and the Attorney General.

Sindh Chief Minister Murad Ali Shah said the session was conducted in a positive atmosphere and described it as an initial meeting focused on outlining the way forward and scheduling the next session.

It was agreed that the Ministry of Finance will prepare a joint statement on the meeting, share it with the provinces, and release it to the media.

Read more: K-P to participate in NFC session despite reservations: CM Afridi

Restructure of share

Planning Minister Ahsan Iqbal proposed multiple options for redistributing resources among the provinces to strengthen the fiscal position of smaller federating units

According to the proposals submitted to Prime Minister Shehbaz Sharif, Khyber-Pakhtunkhwa’s share could increase from 15.7% to 17.1%.

The K-P government is seeking an increase in its share to nearly 20% following the merger of the former tribal districts.

Federal sources said that while the provinces showed willingness to share federal expenditures, they were not ready to reduce their revenue shares significantly.

The Planning Ministry report noted that while the NFC Award envisioned shared responsibility for revenue generation, provincial revenues have not expanded in line with the award’s objectives.

Under the current NFC Award, population carries an 82% weight, while poverty, revenue generation, and inverse population density carry smaller weights. The Planning Ministry has proposed changes that could reduce Punjab’s share by about 10% and Sindh’s by 0.5%.

Also read: Kundi denies any move to impose governor’s rule in K-P

Khyber-Pakhtunkhwa’s share could increase by 1% to 2.6%, Balochistan’s by up to 3%, and the Islamabad Capital Territory may receive up to 5% for the first time.

K-P’s reservations

Khyber-Pakhtunkhwa Planning Minister Sohail Afridi said the federal government owes the province Rs1.3 trillion under the NFC and highlighted that the former tribal districts, merged administratively in 2018, have not yet been financially integrated.

Afridi urged the federal government to consider the province’s proposals, warning that decisions taken behind closed doors could affect K-P. He added that if the centre adopts the province’s recommendations, the K-P government would implement them and ensure law and order.

Speaking outside Adiala Jail, Afridi said he had attended the NFC meeting to present K-P’s position. He noted that after the 25th Amendment, the tribal districts were merged into the province but had not yet been allocated their share, which he described as inconsistent with the constitution.

In principle, participants agreed to form a subcommittee, which will present its recommendations by January 8. The next NFC meeting is scheduled for January.

Afridi said that since the merger of the tribal districts, the province had not yet received its full share under the NFC. He noted that two NFC meetings have been held since the current government took office in 2018, and meetings could not continue after the 2022 regime change. He expressed hope that the province’s proposals will now be considered.

The NFC meeting, originally scheduled for a brief session, continued for over an hour.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

Pakistan

Fire breaks out at garment factory in Karachi Export Processing Zone

December 5, 2025
Pakistan

Four killed, two injured in Lachi Bazaar shooting

December 4, 2025
Pakistan

Pakistan submits extradition requests for Shehzad Akbar, Adil Raja to UK

December 4, 2025
Pakistan

World’s largest Markhor sculpture debuts in Kaghan Valley

December 4, 2025
Pakistan

DI Khan records 111 terror attacks in five years, 71 police officers martyred

December 4, 2025
Pakistan

Pakistan’s Spotify Wrapped 2025 just dropped and local hip-hop is running the show

December 4, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

House Republicans unveil aid bill for Israel, Ukraine ahead of weekend House vote

April 17, 2024

Prime Minister Johnson presses forward with Ukraine aid bill despite pressure from hardliners

April 17, 2024

Justin Verlander makes season debut against Nationals

April 17, 2024

Tesla lays off 285 employees in Buffalo, New York as part of major restructuring

April 17, 2024
Don't Miss

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

By i2wtcJune 4, 20250

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade…

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

June 4, 2025

The Take: Why is Trump cracking down on Chinese students? | Education News

June 4, 2025

Chinese couple charged with smuggling toxic fungus into US | Science and Technology News

June 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Supreme Court revives pro-Republican Texas voting map

December 5, 2025

Fire breaks out at garment factory in Karachi Export Processing Zone

December 5, 2025

11th NFC’s inaugural session concludes in ‘cordial astmosphere’

December 4, 2025
Most Popular

Why do India and China continue to fight over this inhospitable land?

June 27, 2024

China hits back at Trump trade war threats in Biden debate

June 29, 2024

Why China’s missile arsenal could surpass the U.S. military’s capabilities

June 30, 2024
© 2025 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.