On February 27, 2026, during the Pakistan Governance Forum in Islamabad, Senior Provincial Minister Marriyum Aurangzeb emphasized the urgent need for reforms in the National Finance Commission (NFC) Award to address the fiscal challenges facing Pakistan. She stated, "The NFC is the constitutional backbone of Pakistan's fiscal federalism... it should operate as a true partnership between the federal government and the federating units," highlighting the importance of transparency and fairness in resource distribution. Aurangzeb pointed out that any future NFC framework must realistically assess national debt servicing, defense financing, and climate vulnerability, which collectively exert significant pressure on fiscal space. She argued that the sustainability of the NFC should not mean redistributing scarcity but rather increasing the national revenue pie to benefit both the federation and provinces equitably.
POLITICS
Marriyum Aurangzeb Discusses Nfc Award Challenges In Islamabad
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At the Pakistan Governance Forum, Minister Aurangzeb called for urgent NFC reforms to ensure equitable resource distribution, while Iqbal criticized the current allocation system for its sustainabi...
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