Aurangzeb Assures KP of Support on NFC Releases, Fiscal Issues

Muhammad-Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Tuesday assured the Khyber Pakhtunkhwa government of the federal government’s support regarding National Finance Commission (NFC) releases and related fiscal matters during a meeting with KP Chief Minister’s Adviser on Finance, Muzamil Aslam.

The meeting, attended by senior officials from the Finance Division and the Khyber Pakhtunkhwa government, focused on a range of fiscal and development issues, including the timely release of funds for merged districts, financing needs for rehabilitation programmes, and support for temporarily displaced persons.

The KP delegation highlighted operational and development challenges in the merged districts, stressing the importance of predictable and timely fund releases to sustain ongoing projects and meet urgent ground-level needs. They also drew attention to pending obligations related to displaced families and emphasized the need for improved coordination to resolve outstanding issues.

Senator Aurangzeb listened to the concerns raised and reiterated the federal government’s commitment to cooperative federalism and constructive engagement with the provinces. He assured the KP team that the Finance Division would facilitate their legitimate claims under the NFC and other relevant fiscal heads, in line with agreed frameworks, applicable rules, and due process.

The finance minister underscored the importance of effective coordination and timely reconciliation of accounts to ensure smooth and transparent fund releases. He also acknowledged the unique development and security challenges faced by Khyber Pakhtunkhwa, particularly in the merged districts.

The meeting reviewed ongoing consultations on NFC-related matters, including technical discussions and sub-group engagements aimed at building consensus on key issues. Both sides agreed to maintain close coordination through relevant forums and technical channels to address pending matters on priority and to ensure fiscal arrangements support development, service delivery, and stability.

The meeting concluded on a positive note, with both sides agreeing to continue regular engagement and work jointly toward the timely resolution of issues in the national interest.

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