|MoF issues grant of Rs 2 billion to HEC|
30 June 2012
ISLAMABAD: The Ministry of Finance has issued grant of Rs 2 billion to Higher Education Commission as per directives of Prime Minister Raja Pervez Ashraf.
According to the HEC sources, the granted amount is not enough to pay the salaries of varsity’s staffers, adding development budget’s money was not provided which will affect students studying on scholarships.
He said that research, infrastructure of varsity and salaries of project workers could not be paid.
Federation of All Pakistan Universities Academic Staff Association President Kaleem Ullah expressed dissatisfaction over the grant. He said that if remaining amount would not be provided by June 30 then they will launch countrywide protests.
Prime Minister had directed the ministry of finance to issue grant of Rs 6 billion to HEC.
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25 May 2013
JACOBABAD: Fourteen tripped units of Guddu Thermal Power Plant and a technical glitch in Dera Murad Jamali grid station have been fixed on Saturday morning, Geo news reported
The power supply to affected parts of Sindh and Balochistan have also resumed following the removal of technical faults.
Earlier, KESCO sources said that power supply to Jafferabad and Nasirabad among various areas was halted as a technical fault had occurred in Dera Murad Jamali grid station.
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|Deal with IMF now will be self-defeating: Sartaj|
25 May 2013
LAHORE : Pakistan’s new leadership expects first results of its planned steps to shore up its finances and ease a power crisis in two or three months and only then should decide whether and on what terms to seek an IMF bailout, a senior policy adviser said on Friday.
Most economists, lenders and rating agencies say that the nation’s finances have reached such a critical stage that a deal with the International Monetary Fund will be necessary and the sooner it comes the better.
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