The 27th meeting of the Finance and Planning Committee of Bacha Khan University was held under the chairmanship of Vice Chancellor Prof. Dr. Khan Alam, during which the budget for the fiscal year 2026–27 was unanimously approved.
The meeting featured extensive discussions on the University's financial sustainability, administrative affairs, and the welfare of its employees. Among several important decisions, the Committee unanimously approved the immediate implementation of the Minimum Wage Act of the Government of Khyber Pakhtunkhwa for all daily wage employees of the University, ensuring that their salaries are brought in line with the legal minimum wage.
The meeting was attended by Ms. Warda Shafiq, Deputy Secretary Finance; Mr. Ghulam Nabi, Director General Finance, Higher Education; Mr. Muhammad Farooq, Additional Secretary, Higher Education; Prof. Dr. Yoreed Ahsan Zia, Chancellor's Nominee; Prof. Dr. Misbah Ullah; and other distinguished members of the Committee.
During the session, a surplus budget for the fiscal year 2026–27 was presented and unanimously approved. The Committee also approved forwarding the budget to the University Senate for final approval. The approved budget includes allocations for student scholarships as well as research grants for faculty members.
The Committee also approved the minutes of its 26th meeting and held detailed deliberations on measures to further strengthen the University's financial position. Discussions focused on generating new revenue streams, reviewing tuition fees for various academic programs, ensuring the efficient utilization of financial resources, reducing unnecessary expenditures, implementing an austerity policy, and reinforcing financial discipline.
In addition, the Committee reviewed proposals relating to the introduction of new academic programs, revisions to PhD thesis fees, and other financial matters. It also reaffirmed its unanimous approval for implementing the provincial government's Minimum Wage Act for all daily wage employees.
The participants appreciated the austerity measures introduced by Vice Chancellor Prof. Dr. Khan Alam, acknowledging that his prudent financial policies have significantly contributed to improving the University's financial health. They noted that the presentation of a surplus budget reflects the positive impact of the strategic initiatives undertaken since he assumed office, resulting in increased institutional revenue and enhanced financial stability.
Addressing the meeting, Vice Chancellor Prof. Dr. Khan Alam stated that financial stability is essential for the University's continued growth and for further enhancing the quality of education. He emphasized that a strong financial foundation would not only promote teaching and research activities but also enable the University to provide improved facilities and services for students, faculty, and staff.
Meanwhile, all daily wage employees of the University expressed their gratitude to Vice Chancellor Prof. Dr. Khan Alam, the esteemed members of the Finance and Planning Committee, and the relevant authorities for this significant and historic decision.
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