Published on, Aug. 23 -- August 23, 2025 2:48 AM

President Asif Ali Zardari on Friday constituted the 11th National Finance Commission (NFC) to announce a new award for the sharing of federal divisible resources between the Centre and the provinces.

A notification from the Finance Division said the president constituted the commission with the following composition: Finance Minister Muhammad Aurangzeb as the chairman, the four provincial finance ministers, former bureaucrat Nasir Mahmood Khosa as a member representing the Punjab government, economist and researcher Asad Sayeed as a member representing the Sindh government, former bureaucrat Dr Musharraf Rasool Cyan as a member representing the Khyber Pakhtunkhwa government and Farmanull...