Ashraf directs Finance Ministry to release HEC funds immediately

Rs12b were not released during fiscal year 2011-12 – Rs6b were meant for development, another Rs6b for expenditures.

Prime Minister Raja Pervaiz Ashraf has directed the Finance Ministry to release funds to the Higher Education Commission (HEC) with immediate effect, Express News reported on Friday.

The general body of Federation of All Pakistan Universities Academic Staff Associations (FAPUASA) had set June 30 as deadline for the federal government to release funds worth Rs6 billion for the (HEC). They had threatened to launch countrywide agitation if the government failed to fulfill their demands.

FAPUASA had also observed a Black Day on Monday.

A total of Rs12 billion were not released during the fiscal year 2011-12 – Rs6 billion which were meant for development and another Rs6 billion for recurring expenditures. For the fiscal year 2012-2013, Rs10 billion less than HEC’s demand were allocated to the commission.