The Committee formed by the Prime Minister for the resolution of budgetary crisis in the higher education sector has settled on three points. The three points that have been agreed upon include Fifty percent increase and payment of 15% medical allowance to universities as additional recurring grant. It has been agreed that all foreign and local scholars will be funded till the completion of their studies, while all approved scholarships which are built within projects will be withheld till the improvement of the country's financial health. Furthermore, all projects, or component of projects, that are in advanced stages of completion, will be funded. No new contractual liabilities will be created until the economic situation of the country improves. The Vice chancellors have appreciated the role of the Prime Minister, the Cabinet and the Higher Education Commission and recognize the Government's deep commitment for supporting higher education even in these difficult budgetary times. While talking to journalists Chairman of the HEC Dr Javed Laghari said that we will never allow education to suffer at any cost. He said after the agreement to issue funds the educational activities would be restarted. He said that we will summon all the Vice Chancellors of the universities across the country to take them in sheer confidence. PM had constituted a 6 member committee after the funds saga which includes senior personalities including Jamia Karchi Vice Chancellor Pirzada Raza Qasim respectively.