Centre Allocates Substantial Funds to Education Development in Upcoming Budget
Increased Funding for Education
The Government of Pakistan has announced plans to significantly increase the funds allocated for education development in the upcoming national budget. The Public Sector Development Program (PSDP) for the new financial year is set to earmark an impressive Rs20.25 billion for the Ministry of Education and Vocational Training, representing a substantial 140% increase compared to the previous year’s allocation of Rs8.5 billion.
Government’s Priority on Education
This increase in funding underscores the current government’s commitment to prioritizing education as a fundamental pillar of national development. In recent months, the Ministry of Education has implemented various initiatives to enhance educational opportunities and outcomes. These initiatives include:
* Enhancing Education Access: Programs to encourage dropout students to return to school.
* Addressing Nutritional Needs: Providing nutritious meals to underprivileged children.
* Improving Educational Infrastructure: Upgrading facilities and resources in educational institutions.
* Addressing Teacher Shortages: Hiring qualified teachers and equipping them with modern teaching aids.
Prime Minister’s Directive
The decision to boost education development funds was made at the behest of Prime Minister Shehbaz Sharif, who instructed the Planning Commission to allocate more resources to education in the PSDP. This directive reflects the government’s recognition of the transformative power of education in driving social and economic progress.
Conclusion
The government’s allocation of increased funding for education development in the upcoming budget is a positive step towards building a more educated and skilled workforce. By investing in education, Pakistan can empower its citizens to contribute effectively to the nation’s economic growth and overall well-being.