Public sector universities are facing fund’s shortage and need urgent financial support, Higher Education Commission (HEC) Chairman Dr Tariq Banuri informed the Senate committee on Thursday.
Universities are facing a financial crisis due to the budget cuts by the federal government in the last three years, vice chancellors and rectors of public sector universities observed during a meeting held at the Higher Education Commission on Sunday. In the two-day huddle at the HEC office, university heads gathered to explore solutions to the financial crisis brewing from university budgetary cuts and gave recommendations to resolve the financial discrepancies.