Pakistan Business Forum urges immediate revision of NFC award for economic transformation

The Pakistan Business Forum (PBF) has urged the federal government and all provincial stakeholders to initiate an immediate and comprehensive revision of the National Finance Commission (NFC) award, stating that an updated fiscal framework is now critical to Pakistan's governance, economic revival and agricultural transformation. PBF provincial leaders Malik Talat Suhail, M Ashfaq Paracha, Daroo Khan Achakzai, Tariq Jadoon and Malik Khuda Baksh emphasised that the existing distribution formula, shaped nearly 15 years ago, no longer reflects the country's current economic realities, demographic pressures, climate vulnerabilities and national development priorities.