AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,546 Increased By 137.4 (1.85%)
BR30 24,809 Increased By 772.4 (3.21%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

ISLAMABAD: The World Bank has rated the implementation progress of the “Higher Education Development in Pakistan project,” of around $400 million as “moderately satisfactory”.

The project was approved in May 2019 with the development objective of supporting research excellence in strategic sectors of the economy, improving teaching and learning and strengthening governance, in the higher education sector.

The closing date of the project is 30 June 2024.

The components of the project include; nurturing academic excellence in strategic sectors ($104.82 million) supporting decentralised higher education institutes for improved teaching and learning ($89.18 million), equipping students and higher education institutions with modern technology ($52.70 million), higher education management information system and data-driven services ($35 million), capacity building through partnerships, project management, monitoring and evaluation ($24.30 million), improving access and quality of remote learning and support to universities ($94 million).

Official documents revealed that the project has made good progress toward the achievement of its project development objective. Key progress since the last mission includes: (i) additional 28 Innovation Seed Funding (ISF) and 10 Rapid Technology Transfer Grant (RTTG) awarded; (ii) additional 39 Affiliated Colleges (ACs) have enrolled the first cohort of students in the undergraduate programs; (ii) additional 19 ACs have enrolled the first cohort of students in a 4-year Bachelor Program; (iii) additional 1,172 faculty and staff (cumulative: 3,907) in government ACs trained; and (vi) additional 15 higher education institutes connected to Pakistan Education and Research Network (PERN). The current disbursement stands at 71.8 per cent (out of USD 400 million).

Copyright Business Recorder, 2024

Comments

Comments are closed.