A recent Dawn report explores whether granting greater economic autonomy to Pakistan’s provinces can spur inclusive and sustained economic growth. Currently, Punjab dominates the national economy, leaving other provinces feeling marginalized and hindering overall progress. Experts argue that empowering provinces with more fiscal space and decision-making power over their resources could unlock untapped potential. This includes enabling them to tailor economic strategies to their specific needs and attract investment. However, concerns remain regarding the capacity of provincial governments and the potential for increased regional disparities if not managed effectively. The article highlights the need for a revised National Finance Commission (NFC) award to address existing imbalances and foster a more equitable distribution of resources. Ultimately, fostering provincial ownership is seen as crucial for achieving broader economic prosperity in Pakistan.

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