NFC session decides formation of working groups

ISLAMABAD: The National Finance Commission’s (NFC) inaugural session concluded on Thursday after deciding formation of six to seven working groups for structured roadmap for dialogue.

The NFC session held today to discuss likely new revenue-sharing arrangement between the central government and federating units.

The next session of the finance commission will be held on January 08 or 15 in 2026.

The session also decided to form a working group over the issue of the former Fata region on the demand of the Khyber Pakhtunkhwa.

Chaired by Finance Minister Muhammad Aurangzeb, NFC session attended by chief ministers of Khyber Pakhtunkhwa and Sindh Sohail Afridi, Murad Ali Shah, provincial finance ministers, KP finance adviser, Chairman FBR and other commission members.

Four private members from provinces, Dr. Asad Syed (Sindh), Nasir Khosa (Punjab), Mehfooz Ali Khan (Balochistan) and Dr. Musharrif Rasool (Khyber Pakhtunkhwa) also been invited in the meeting.

The NFC session postponed multiple times, formally notified by the President on August 22.

The negotiations for sharing federal resources are likely to be complex, given the Centre complains resources constraints, rising debt servicing obligations and provincial demands for a larger share of the resources.