6.3 Provincial Equitable Share (PES) Review: Reform Options In the short term reform of the PES formula stay within the confines of the current constitutional dispensation, and in the medium to long term the reforms should depart from the realisation that fixing the PES as a pool requires the fixing of other aspects of the current fiscal decentralisation system. The FFC highlighted that national government indicated that these recommendations will be considered as part of a government-wide review of the PES.