Islamabad: Finance Minister (FM) Minister Muhammad Aurangzeb has said the best solution to speculations and apprehensions with reference to NFC is selfless and transparent dialogue.
" our first priority is listening to each other. Federal government is here to hear the stance of provinces. It is hoped that the provinces will too move ahead with each other under sprit of constructive cooperation, he said this while presiding over the inaugural meeting of the 11th NFC here Thursday.
In his opening remarks, the Finance Minister remarked that this meeting is an important opportunity for constitutional responsibility and mutual cooperation. He noted that the term of the 10th NFC Award ended on 21st July, this year, which increases the significance of today's meeting.
The Finance Minister said the federal government was determined that the inaugural meeting of the 11th NFC is held without any delay.
The Prime Minister himself took a keen interest in ensuring that this meeting takes place as soon as possible.
Muhammad Aurangzeb acknowledged that the provinces have also shown a strong commitment to fulfilling this constitutional responsibility in a timely manner.
The Finance Minister said they will hold discussions with open mind and without any bias, emphasizing that the federal government is to listen to the provinces' stance. He expressed the confidence that the provinces will also move forward with a spirit of constructive cooperation.
Muhammad Aurangzeb appreciated the provinces for signing the National Fiscal Pact saying it is a testament to our shared resolve and our ability to work together for the national interest.
The Finance Minister highlighted that the NFC plays a crucial role in the fair distribution of resources, fiscal stability and sustainable economic growth in the country. He said this forum gives us the opportunity to bring together the best governmental minds to advance collective thinking and mutual learning.
He said materializing the matters of 11th NFC award successfully is our destination.