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Govt approves Rs 2 b bail-out package for universities

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Khyber Pakhtunkwa government has approved a bail-out package of Rs. 2 billion to universities facing financial crisis.

Provincial Finance Minister, Taimur Khan Jhagra in a statement said that he appreciated the reform initiated by the Vice Chancellors of University of Peshawar, and Abdul Wali Khan (AWK) University Mardan and both universities have been given Rs. 50 million performance grant.

 

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