IMF asks Pakistan to review NFC award
Islamabad: The International Monetary Fund (IMF) on Thursday called on Pakistan to reopen discussions on the National Finance Commission (NFC) award, seeking to address the ongoing imbalance in the allocation of fiscal resources between federal and provincial governments. During the opening round of talks on a $1.1 billion loan tranche, Nathan Porter, the IMF’s chief of mission in Pakistan, raised concerns about the distribution of resources and responsibilities, underscoring the need for a fairer arrangement. Pakistan’s representative in these talks was Finance Minister Muhammad Aurangzeb. Government officials exposed in The Express Tribune that the IMF stressed the need to reassess
