Financial Relief For Gomal University As KP Govt Approve Rs 2.581 Billion Special Grant

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Financial relief for Gomal University as KP Govt approve Rs 2.581 Billion special grant

Dera Ismail Khan, (UrduPoint / Pakistan Point News - 6th Aug, 2025) A special grant of Rs 2.581 billion for Gomal University has been approved for the fiscal year 2025-26 on the special directives of Chief Minister Khyber Pakhtunkhwa, Ali Amin Khan Gandapur, marking a major step toward resolving longstanding financial issues of the university.

According to a spokesman for Gomal University, the announcement was made during the Senate meeting held at the Higher Education Department’s Committee Room, chaired by Provincial Minister for Higher Education and Pro-Vice Chancellor Meena Khan Afridi.

The university’s Vice Chancellor, Professor Dr. Muhammad Zafar Iqbal, along with representatives from the Finance and Establishment departments, the Higher Education Commission (HEC), and other Senate members, attended the meeting.

The spokesman said the Vice Chancellor presented a detailed briefing on the FY 2025-26 budget, including the revenue framework, funding sources, and a performance review of the previous fiscal year 2024-25.

Highlighting the budget’s key components, the spokesman confirmed that the increased regular grant, raised from Rs 900 million to Rs 2.

581 billion, would primarily be used to resolve pension-related issues faced by retired university staff, a long-pending concern.

The spokesman further stated that the meeting also reviewed the university’s solarization initiative, aimed at achieving sustainable energy use and reducing operational costs. Senate members appreciated the efforts and termed the project a forward-looking move.

Commending financial transparency, the Senate expressed satisfaction over the third-party audit report, while also recognizing the positive impact of digital reforms such as the Enterprise Resource Planning (ERP) system and biometric attendance, which have improved administrative efficiency.

On this occasion, Vice Chancellor Dr. Zafar Iqbal congratulated Chief Minister Gandapur on assuming the role of Chancellor of the province’s public universities. He expressed optimism that KP’s higher education sector would witness significant development under his leadership.