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Your email address will not be published.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

PM Sharif leaves for Saudi Arabia on official visit

Prime Minister (PM) Shehbaz Sharif embarked on a four-day official visit to…

Naya Pakistan to be built upon Opposition’s ‘funeral’: PM Khan

On Friday, Prime Minister Imran Khan encouraged the nation to participate in…

‘ECP should not make itself controversial’: Maulana Fazlur Rahman

Islamabad: Pakistan Democratic Movement (PDM) Chief Maulana Fazlur Rehman stated that the…

PTI to brief IMF team about rigging, mandate theft, says Omar Ayub  

Opposition leader Omar Ayub has said that the IMF delegation will be…