The budget of 22 universities out of the total of 32 public sector universities of Khyber Pakhtunkhwa, has been approved for the fiscal year 2022-23 while the budget of the remaining 10 universities would also be approved by the end of June.
The budget has been approved in the meeting held in the Governor House, chaired by acting Governor Mushtaq Ahmad Ghani and Provincial Minister for Higher Education Kamran Bangash.
Due to various reasons, the budget of most public sector universities could not be approved before the beginning of next fiscal year due to which the universities had to face severe financial crisis and financial disorder.
In this regard, former Governor Khyber Pakhtunkhwa Shah Farman, on the advice of his team, for the first time in June 2021 approved the budget for the fiscal year 2021-22 for all public sector universities to end this false tradition and eliminate financial disorder.
