Peshawar – Federal Education Minister Shafqat Mehmood on Tuesday issued directives to quarters concerned to help the University of Peshawar with a special grant to pay Rs769 million loan that the varsity had taken during last several years due to financial crisis.
At a meeting, Shafqat Mehmood also issued instructions to pay three month salaries to the university to meet its needs.
A spokesman for the University of Peshawar said that the issues were discussed at a meeting of four vice-chancellors of the greater campus of University of Peshawar on Tuesday with Federal Education Minister Shafqat Mehmood with an aim to steer the universities out of the crises.
VC University of Peshawar Prof Dr Muhammad Idrees, VC Agriculture University Prof Dr Jehan Bakht, VC University of Engineering and Technology Prof Dr Iftikhar Hussain and VC Islamia College University Dr Gul Majid Khan met Shafqat Mehmood and secretary higher education and other officials at the offices of Higher Education Commission in Islamabad.
Dr Idrees informed the meeting that University of Peshawar had borrowed Rs769 million for its needs so far and that financial crisis was also affecting the students, their parents and employees of the varsity. He said a special grant was needed to pay all loans of the university.
He also demanded three month salaries of the staff of the university. The vice-chancellors also thanked the federal minister for heeding the universities’ issues.