Home Peshawar Senate of ICU rejects annual budget, approves portion related to salaries

Senate of ICU rejects annual budget, approves portion related to salaries

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Senate of ICU rejects annual budget, approves portion related to salaries

PESHAWAR
The senate meeting of Islamia College University (ICU) Peshawar chaired by Provincial Minister for Higher Education, Kamran Bangash here Saturday rejected annual budget of the varsity for year 2022-23 and constituted a rationalization committee for its review.
Senate expresses concerns over figures of the budget and said that presentation of wrong figures in budget was an attempt to mislead members. Meeting also express annoyance over the approval of budget from syndicate and finance and planning committee, however senate approved part of the budget that was related to salaries.
Senate constituted a committee comprises representatives of Higher Education Department, Finance, Higher Education Commission and Chancellor Office to review budget. Committee was directed to present its report within three months. Senate also barred ICU from making any appointments.
Addressing the meeting, provincial minister said that Chief Minister would be informed about wrong figures being mentioned in the budget. He said that ICU is a historic institution and deficit of one billion in its budget is matter of grave concern.
Senate meeting among others was attended by Vice Chancellor ICU, Professor Gul Majeed, Special Secretary of Higher Education besides concerned officials of finance, higher education commission and establishment department.