ISLAMABAD - The Higher Education Commission (HEC) is yet to receive Rs 16.3 billion of allocated amount with only one-and-a-half month of the current fiscal year left and the government is going to announce the budget of the new fiscal year next month in which the officials are fearing more cuts.
The government releases the allocated amount in the budget in four quarters and 20 per cent amount is disbursed in first and second quarter each and 30 per cent in the rest of the two quarters
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