PESHAWAR: The finance department has approved urgent release of funds for the cash-starved University of Chitral to keep its day-to-day affairs running.
In a letter to the higher education department, the finance department said that in reference to an appeal dated Nov 15, 2022, the fiance department agrees to release of funds amounting to Rs.20,000 million (sic) as grant-in-aid to the University of Chitral during the current fiscal year subject to the observance of all codal formalities.
Releasing the grant of Rs20,000,000, the finance department advised the university to observe austerity measures in all financial matters.
The University of Chitral has been in financial straits and a few months ago expressed its inability to even pay salaries to its employees.