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.

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.