Higher Education Commission gets Rs2.8bn grant to support scholars
Islamabad, Feb 16: The finance ministry has released Rs2.819 billion to the Higher Education Commission (HEC) as Human Resource Development component of the third quarterly instalment of development grant.
The funds would be distributed to clear immediate liabilities as well as support scholars studying abroad.
At present the HEC has over 4,000 MS and PhD scholars studying abroad and over 900 MBBS students in Cuba.
The released funds will be utilised to ease immediate requirements of these scholars on priority basis.
As far as the remaining liabilities of the third quarter of the current financial year is concerned, the finance ministry is considering releasing immediate liabilities of salary and civil work component of the development funds during the current quarter. App
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