Balochistan to receive Rs. 771 billion under NFC award in FY 2026-27

QUETTA, Jun 17 (APP): Provincial Finance Minister Mir Shoaib Nosherwani has announced that Balochistan will receive Rs. 771 billion under the National Finance Commission (NFC) Award during the upcoming fiscal year 2026-27.

Presenting the budget in the Balochistan Assembly, the minister said that improved revenue collections by the Federal Board of Revenue (FBR) have enabled the province to secure this substantial share. He noted that the NFC transfers will play a critical role in strengthening provincial finances and supporting development initiatives across Balochistan.

Shoaib Nosherwani highlighted that following the 18th Constitutional Amendment, the provincial government has worked to establish a sustainable revenue system. Through reforms introduced in the Finance Bill, tax laws have been modernized to expand income sources and ensure greater efficiency. He added that the government has taken several transformative steps to promote business activity and generate employment opportunities.

The finance minister also announced that the Treasury Single Account (TSA) system will be implemented, ensuring that funds from all government and autonomous institutions are consolidated in one place. This measure, he explained, will enhance transparency, improve financial management, and strengthen accountability in the use of public resources.