KARACHI: Pakistan Peoples’ Party MNA Dr Sharmila Faruqui reiterated party’s steadfast stance in favour of upholding National Finance Commission Award, emphasising critical need for economic growth as sustainable solution to Pakistan’s financial challenges.

Sharmila Faruqui emphasised importance of respecting this constitutional mandate, highlighting that any attempts to revise award must be approached with careful consideration of its long-term impact on Pakistan’s federal structure and inter-provincial relations.

In response to recent discussions surrounding NFC Award, she affirmed PPP’s position, stating, “NFC Award is constitutional right of federating units. It should not be tampered with.”

She said Pakistan’s adherence to NFC Award is not merely matter of policy but constitutional obligation that fosters cohesion and inclusivity across diverse regions. Award serves as conduit for resource allocation, enabling provinces to address local needs and bridge socio-economic disparities.

She reiterated need for progressive tax reforms and enhanced revenue collection efforts, both at federal and provincial levels. “Rather than encroaching upon on provincial shares, federal government should be concerned about improving tax collection through Federal Board of Revenue particularly when there are reports of tax evasions surpassing annual federal revenue targets” she stated.

“PPP lawmaker reiterated its commitment to advocating for policies that prioritise welfare of all citizens and promote inclusive economic growth. “Development of Pakistan and prosperity of people should be priority of all of us,” Sharmila emphasised.

She said that Pakistan stands at pivotal juncture where principles of federalism and fiscal equity must prevail over external pressures.

Published in The Daily National Courier, March, 28 2024

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