Public Universities: 10 still not using even 1% of their budget

In the first quarter of 2023 public universities According to the transparency portal of the Ministry of Economy and Finance (MEF), they used only 7.2% of their budget for investment.

Although about SGD 1,293.3 million has been allocated, only about SGD 93.6 million has been spent so far, but which ones have been used the least? budget?

In total, in 32 state universities for the first three months of the year, the increase was 7.2%, but the situation is more critical in 10 training centers, where even 1% of investments were not used for work.

During the first quarter, the National Autonomous University of Alto Amazonas and the National Autonomous University of Chota invested only 0.2% of the total investment. Resources awarded at the beginning of the year.

But there are eight that showed zero progress, meaning they didn’t even spend S/1: National University of San Luis Gonzaga in Ica; Pedro Ruiz Gallo National University; National University of Central Peru; Daniel Alcides Carrión National University; National University of Trujillo; National Intercultural University of the Central Jungle Juan Santos Atahualpa; National University of Music and National Intercultural University of the Amazon.

It is worth noting that in 2023, the National University of San Luis Gonzaga de Ica developed a project to improve and expand the academic and administrative services of the University. faculty human medicine with an investment of SGD 9.9 million; and the improvement of the academic service of the Faculty of Communication Sciences, Tourism and Archaeology, within a budget of SGD 7.6 million. In both cases, not even S/1 was spent.

On the other hand, the higher education centers that show the most progress in investment are: National University of the Peruvian Amazon (42.1%), National University of San Agustín (39.1%), Diego Quispe Tito National University of the Arts in Cusco. (37.2%), National University of San Martin (33.9%) and National University of Cajamarca (21.9%).

Data show that poor budget execution public universities It is estimated that over the past five years, these institutions have used, on average, about 66% of their resources, leaving 34% unused.

Last year, public universities were allocated SGD 1,240 million to carry out the work, but another SGD 413.2 million has yet to be received.

Experts point out that such inefficiencies in spending arise due to the fact that educational institutions It has small executive units and in many cases low wages are offered, but specialists with specialization are required.