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Home Breaking News

FinMin Aurangzeb vows support for KP NFC allocations

byCT Report
03/02/2026
in Breaking News, Islamabad, Latest News, Slider News
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ISLAMAABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb met on Tuesday with the Advisor to the Khyber Pakhtunkhwa Chief Minister for Finance, Muzamil Aslam, to discuss concerns over the province’s share and release of funds under the National Finance Commission (NFC) and related fiscal heads.

Aurangzeb acknowledged the issues raised by the KP delegation and assured support from the Finance Division to facilitate the province’s rightful allocations under the NFC and other relevant categories, in accordance with established rules, frameworks and procedures.

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Discussions covered timely release of funds for key development priorities in the merged districts, outstanding needs linked to rehabilitation and support for temporarily displaced persons, and the broader structure of provincial entitlements and allocations.

“The Khyber Pakhtunkhwa team highlighted the operational and development imperatives in the merged districts and underscored the importance of predictable and timely releases to sustain ongoing schemes and meet pressing needs on the ground. They also drew attention to pending obligations in respect of displaced families and other related commitments that require streamlined coordination and resolution.”

Aurangzeb reiterated the government’s commitment to cooperative federalism and constructive engagement with provinces, noting that effective coordination and timely reconciliation of accounts are essential for transparent releases.

“Both sides agreed to continue close coordination through relevant forums and technical channels to address outstanding matters on priority and to ensure that fiscal arrangements and releases support development objectives, service delivery, and stability.”

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