Govt Plans Rs110bn Recovery from Provincial NFC Shares Over Power Dues

ISLAMABAD: The federal government has informed the International Monetary Fund (IMF) about a plan to recover more than Rs110 billion in outstanding power-sector dues from provincial governments by adjusting the amount against their shares under the National Finance Commission (NFC) award. The proposal was discussed during recent talks with the IMF, which raised concerns about…

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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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