Higher Education Commission (HEC) risks losing funding worth millions of dollars after it failed to achieve several key milestones over the past 12 months.
According to details, the International Development Association (IDA), a World Bank mandated international financial institution which offers grants to developing countries around the world, is mulling over revoking HEC’s $218 million funding.
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Meanwhile, the Federal Education Ministry has decided to seek emergency assistance from the government to avert HEC from losing the grant.
In this regard, the Education Ministry has requested the Economic Coordination Committee (ECC) to disburse Rs. 2.26 billion to the HEC with immediate effect.
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Sources have it that the government’s decision to cut HEC’s annual funding hampered the commission from attaining specific goals set by IDA.
Officials within the Education Ministry have expressed confidence that HEC will achieve the milestones after receiving Rs. 2.26 billion from the government.
#TaleemKaInsaaf
What are those goals set by IDA? Normally, the funding goes back to them through various initiatives involving INGOs. The present government is neither making allowances, nor letting others do that.
Such a poorly written article. Doesn’t even explain the goals and targets it is failing to achieve. Also no reference to any source info for further reading. Extremely poor
Is this a article or a facebook post? Doesn’t mention goal, no follow up on how will the grant help in achieving those goal, no source. I have seen reddit and facebook most with more standard than this
This is so annoying and frustrating. On the one hand, PhD scholars with admissions in top 50 QS ranking universities are being denied funding
by HEC/ PHEC. On other hand, funds are surrendered, what a shame! Stupid monkeys 🐒 are at the helm of affairs. Mere des mein teri kia baat karon!!