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Formula devised to provide funds to Balochistan varsities


Formula devised to provide funds to Balochistan varsities
QUETTA:27 October: The provincial finance commission has finalised a formula for providing funds to public sector universities in Balochistan.

A meeting of the commission presided over by Balochistan’s Finance Minister Mir Zahoor Ahmed Buledi decided to provide 40 per cent funds on the basis of strength of students and 20pc on the performance of the university concerned.

The minister informed the first meeting of the commission that the provincial government was working for promotion of basic as well higher education and it was providing financial assistance to the universities.

“It was the responsibility of all the seven state-run universities to spend funds with honesty on their improvement,” Mr Buledi said, adding that the funds were meant for the students and any dishonesty and negligence would not be tolerated in this regard.

He said the universities were being providing funds according to the formula decided by the finance commission and there should be no ambiguity.
Published in Dawn, October 27th, 2019


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