The Government Minister, María Paula Romo, pointed out that last year the universities executed 80% of their budget, and left 20%. Therefore, she said that the Government proposes a reduction of 10%.
On May 11, students and university professors protested against the budget cut of universities and polytechnic schools in the context of the isolation of the pandemic.
Some universities have announced cuts, closings of faculties, dismissals and suspension of enrollment due to this reduction.
In a virtual press conference, the Government Minister explained that the money, which is managed by the National Government and assigned to public institutions, comes basically from the collection of taxes and the sale of oil.
The amount of taxes collected today is around USD $ 150 million daily, when the average, before the COVID-19 pandemic, was USD $ 500 million a day.
Also, this year’s annual proforma was made with the oil price of USD 50.
“Hopefully we can achieve this reduction among all.” “We have to save money on the things that can wait and attend to the essentials. Sacrifice and leave for later what you can expect, but the essential, quotas of education and quality”, said Romo.
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