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Pakistan Education Endowment Fund worth Rs. 14 billion launched

 

Pakistan Education Endowment Fund worth Rs. 14 billion launched

Prime Minister Shehbaz Sharif has inaugurated the Pakistan Education Endowment Fund, valued at Rs14 billion, and announced significant reforms in the National Curriculum.

The launch ceremony took place in Islamabad on Wednesday, where the Prime Minister outlined the government's commitment to equipping the youth with education and empowering them as builders of the nation.

Prime Minister Shehbaz Sharif clarified that a budget of three billion rupees has been allocated for the endowment fund in the current fiscal year. This budget will directly benefit the youth in the form of scholarships, enabling them to pursue their education and contribute to the nation's progress.

Highlighting the importance of education for national development, the Prime Minister expressed his desire to see the allocation for the Pakistan Education Endowment Fund increase to Rs140 billion over the next decade. He emphasized that education is the key to taking the country forward on the path of progress and development.

Prime Minister Shehbaz Sharif recalled the establishment of the Punjab Education Endowment Fund in 2008, which has provided scholarships to four hundred and fifty thousand students. He affirmed that the government remains committed to expanding access to quality education for all segments of society.

The Prime Minister emphasized the sacred duty of promoting education and stressed the need to prioritize areas that require development. He underscored the importance of relevant and meaningful education that equips students with the skills necessary to compete globally.

Minister for Education, Rana Tanveer Hussain, also addressed the audience, stating that scholarships under the endowment fund will be awarded in various disciplines, including nursing, engineering, and social sciences. The minister highlighted an important milestone of incorporating the Constitution of Pakistan into the syllabus. This step will enhance students' understanding of their rights and responsibilities as citizens.

The launch of the Pakistan Education Endowment Fund and the National Curriculum reforms signify the government's commitment to providing quality education and empowering the youth of Pakistan. These initiatives aim to create an inclusive educational environment that equips students with the knowledge and skills needed to succeed in the modern world. The government remains dedicated to promoting education as a catalyst for progress and development in the country.

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