University of Peshawar fails to utilise HEC funds

University of Peshawar fails to utilise HEC funds
University of Peshawar fails to utilise HEC funds

PESHAWAR: Owing to poor planning and management, the University of Peshawar (UoP) failed to utilise developmental funds issued by the Higher Education Commission (HEC) over the last seven months.

This has come to light from a letter issued by the Higher Education Commission (HEC) on August 24, where the commission had sought a reimbursement of underutilised  amount via a cross-cheque to the HEC director general finance by August 3o.

The HEC earmarked a grant of Rs510 million to the varsity under the ‘Strengthening of University of Peshawar’ programme during the fiscal year 2016-17.

However, it only spent Rs264.4 of this amount while failing to use the remaining Rs264 million.

The letter states that the monitoring report of the programme shows that this amount was not used owing to poor planning by the university.

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“You will agree that that it takes a lot of effort to get the development funds released from the planning commission and Ministry of Finance. However, they prove to be futile when these funds are not utilised properly and on a timely basis,” the letter states.

It further said that due to non-utilisation of funds by the, the finance ministry stopped the release of Rs11.665 billion to the commission in the last fiscal year.

In view of this fact, the matter was discussed by the HEC where a decision was made to withdraw these funds and to divert the amount to other fast-moving projects.

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The letter warned the varsity that in case of non-compliance, HEC may adjust the amount from the forthcoming installment of the grant.

A senior official of the university, who asked not to be named, said that the vice chancellor issued an explanation in response to the letter.

In his response, the chancellor accused the interim setup of wasting time on reshuffling and transpiring instead of giving importance to developmental schemes.

Meanwhile, UoP Public Relation Officer Rafiullah Khan denied having received any such letter by the varsity.

The post University of Peshawar fails to utilise HEC funds appeared first on The Express Tribune.

Originally Posted on Tribune


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