LAHORE - Provincial Finance Minister Mujtaba Shujaur Rehman has said that the government will increase education and health budget in the next fiscal year. He was addressing the first convocation of PU College of Pharmacy held at a local hotel on Monday. PU Vice Chancellor Prof Dr Mujahid Kamran presided over the ceremony while college principal and Dean Prof Dr Mubashar Ahmed Butt, Controller of Examinations Prof Dr Liaqat Ali, Convocation Convener Dr Syed Nawazish-i-Husain, Chief Medical Officer Dr Nauman Ahmed, faculty members and a large number of students were present on the occasion. Mujtaba said that education and health sectors were on top priority of the government and in the last year, the provincial government spent 26 percent of its total budget on education. He said that Punjab government had taken steps for the welfare of pharmacists including compulsory appointment of pharmacists in some hospitals, improvement of their service structure, delegation of powers of drug inspector to pharmacists in hospitals and compulsory appointment of pharmacists in distribution channels. He advised the students to serve ailing humanity and develop their profession as pharmacists could play important role in healthcare system.Addressing the ceremony, Dr Mujahid Kamran said that there were about 1.5 billion Muslims in the world but their share in creation of new knowledge was almost zero. He said that around 750 verses of Holy Quran, which is 1/8th of the Holy Book, stressed observation of natural phenomena and resolution of mysteries of the universe and this reflected the importance of knowledge in the Quran. He said that the average spending of the world on education was around 5 percent while Pakistan was spending less than 2 percent. He said that the total GDP of US was 16 trillion dollars and the US was spending around 800 billion dollars on education and around 320 billion dollars on research and development while volume of Pakistan’s GDP was only around 220 billion dollars.This news was published in The Nation newspaper. Read complete newspaper of 27-May-2014 here.