The federal government is preparing to establish the 11th National Finance Commission (NFC) to propose a new national financial award for the distribution of resources among federating units. According to sources, the commission will present its recommendations after the federal budget of FY2025-26. Sources further said, the Ministry of Finance has sent letters to provincial finance ministers seeking nominations for technocrat members. Asad Saeed is expected to represent Sindh, while Kaiser Bengali will be the technocrat member from Balochistan. The commission’s formation will be finalized once names are received from Punjab and Khyber Pakhtunkhwa.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

“Fazl, Sanaullah panicking over elections”: Hammad Azhar

Lahore: Pakistan Tehreek-e-Insaf (PTI) senior leader Hammad Azhar said that Pakistan Democratic…

Bilawal Bhutto advises Nawaz Sharif to focus on Punjab

Pakistan Muslim League Nawaz (PML-N) supremo Nawaz Sharif’s recent visit to Balochistan…

Handful of misguided elements can’t shake Baloch people’s resolve: COAS

Chief of Army Staff (COAS) General Syed Asim Munir on Thursday visited…

“Violence never acceptable”: Nobel laureate Malala

On Thursday, Pakistani Nobel Peace Prize winner Malala Yousafzai stated that violence…