BISP Budget Increased to Rs838 Billion in Federal Budget 2026-27

The federal government has significantly increased the allocation for the Benazir Income Support Programme (BISP), raising its budget to Rs838 billion in the Federal Budget 2026-27. The move reflects the government’s continued commitment to strengthening social protection and supporting low-income households across Pakistan amid ongoing economic challenges. Finance Minister Muhammad Aurangzeb announced the enhanced allocation…

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Ahsan Iqbal Calls for Modern NFC Formula to Ensure Fair Resource Sharing

Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal has proposed significant reforms to the National Finance Commission (NFC) Award, calling for a modern formula that ensures fair and sustainable resource distribution among provinces. Speaking at the Pakistan Governance Forum 2026 in Islamabad, Iqbal emphasized the need to redesign the NFC formula to promote…

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