Public sector universities in KP are struggling to pay salaries and pensions to their workers as they proceed to face a extreme monetary disaster.
In keeping with particulars, the College of Peshawar (UOP), one of many oldest institutes within the province, is going through a shortfall of Rs. 358 million.
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Whereas talking with a media outlet, Registrar UOP Dr. Yorid Ahsan Zia stated that the college has been going through financial instability since 2014 which exacerbated following the Coronavirus outbreak.
In opposition to the shortfall of Rs. 358 million, the KP authorities promised to disburse Rs. 250 million in Could 2020 however launched solely Rs. 100 million then and the remaining Rs. 150 million after just a few months.
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The UOP has 720 educating and 1,450 non-teaching employees members. The institute’s estimated finances for 2021 stands at Rs. 2,039 million whereas it expects to earn Rs. 1,681 million from college students.
In the meantime, Islamia School College and Agriculture College are going through an analogous disaster and each institutes have additionally requested the provincial authorities for bailout packages to pay salaries and pensions to workers.