Pakistan Budget Deficit Hits 856 Billion Rupees Despite Strong Tax Collection and Provincial Surplus
Pakistan reports a federal budget deficit of 856 billion rupees for the first nine months of FY26 as high debt servicing and defense spending offset record tax revenues.
Prime Minister Coordinator Outlines Inflation Reduction Strategy and Relief Measures for Federal Budget
Prime Minister Coordinator Rana Ihsan Afzal Khan confirms the upcoming federal budget will prioritize public relief and austerity without imposing new financial burdens.
Prime Minister Shehbaz Sharif Urges Provinces to Release Fuel Subsidy Funds for Digital Disbursement
Prime Minister Shehbaz Sharif calls for provincial cooperation to fund a 200 billion rupee fuel subsidy package delivered through secure digital wallets.
NFC meeting delay expected as working groups fall behind on key recommendations
The next National Finance Commission meeting may be delayed as working groups struggle to finalize recommendations on fiscal distribution, debt, taxation, and merged districts, impacting federal and provincial planning.
Federal Government Forms Eight NFC Committees Amid Debate Over Provincial Shares
The federal government has notified eight National Finance Commission committees to shape the 11th NFC Award, as experts and provinces highlight gaps between constitutional guarantees and actual resource transfers.
Pakistan Federal Revenue Plan and Provincial Autonomy Discussed at 11th NFC Meeting
Pakistan’s 11th National Finance Commission meeting discusses additional revenue mobilization, provincial autonomy on expenditures, and formation of seven working groups to address fiscal challenges.
Pakistan Launches 11th NFC Discussions to Decide Federal-Provincial Fund Allocation
The federal government has officially commenced the 11th National Finance Commission (NFC) talks, focusing on equitable distribution of resources to provinces amid tight budgets and post-flood recovery.