ISLAMABAD: The federal government has allocated Rs71.5bn for high education commission in budget for fiscal year 2015-16,
Presenting the budget for 2015-16 in the National Assembly here on Friday, finance minister Ishq Dar said that the government believes in the promotion of education and ensure raising its standard. For this purpose, twenty billion rupees are being allocated for 143 projects of higher education commission besides allocating fifty one billion rupees for the higher education commission for current expenditures.
Ishaq Dar said the federal government stands by its commitment to increase expenditures on education sector equal to four percent of GDP during its tenure. However, he said after the 18th amendment, major portion of the education has gone to the provinces and both federal and the provincial governments will have to take visible steps to achieve their targets.