Monday, November 28, 2022

Government decides to cut HEC budget 2022-23

The federal government, which is currently run by the PML-N, has suggested cutting the budget of the High Education Commission in half (HEC).

In comparison to the previous allocation of Rs65 billion, the newly formed federal government has suggested decreasing the budget of HEC by more than half, to a total of Rs30 billion, for the fiscal year 2022–23.

It has been requested that the HEC prepare a budget statement that is in line with the budget that has been defined for the fiscal year 2022-2023 and deliver it to the director budget branch of the Finance Division for entry.

According to officials from the Higher Education Commission (HEC), the PTI government has already reduced the budget for the HEC, which has caused universities all over the country to face a severe financial crisis. As a result, if there is another cut made to the budget, higher education in the country will be financially crippled because the majority of universities do not have the ability to create financing that can cover their annual expenses.

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As a direct result of the ruling, the challenges faced by universities controlled by the government have become even more severe, and all ongoing research has been put on hold. According to the sources, the procedure of terminating the employment of teachers who were hired on a temporary basis has also begun.

According to some sources, because of the reduction in the funding for the HEC, the institutions have been forced to raise tuition fees by between 3 and 4 percent.

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