Budget of Peshawar, Chitral varsities approved

Staff Reporter

The Budgets for the fiscal year 2021-22 of the Khyber Medical University, University of Peshawar and University of Chitral were approved in separate Senate meetings of the Universities, which were held here in Governor’s House on Monday.

The Governor Shah Farman, while chairing a Senate meeting of the KMU, stressed upon ensuring financial discipline in the University and taking solid initiatives with regard to modern research in the health sector which shall be shared with the Health Department of Khyber Pakhtunkhwa for designing its policies accordingly and ensuring optimum and effective output.

The Senate meetings of the Public Sector Universities of Khyber Pakhtunkhwa are being held on the directives of the Governor Shah Farman in order to approve their budgets for Financial Year 2021-22 in time and let the Universities execute their plan of actions effectively.

Out of 32 Public Sectors Universities of the province the budget for the Fiscal Year 2021-22 of 22 Universities has been approved so far in their scheduled Senate meetings held at the Governor’s House.

Rest of the universities would submit their budget for approval till 30th June as per schedule already issued to them by the Governor’s Secretariat.

On the directives of the Governor/Chancellor, this exercise is exclusively being done for the first time in the history of the varsities’ budgetary affairs with an aim to streamline the budget process of all Public Sector Universities besides putting their financial discipline on track.

In this regard, instructions were already circulated to all the Public Sector Universities to prepare their Budget, for Financial Year 2021-22, and present it to their Senate for final approval.

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