Education
Regulation Enacted for Autonomous University Budgets and Teaching Hospitals
TIKVAH Ethiopia · 4 hours ago · Read the Full Story on TIKVAH Ethiopia
AI SUMMARY
Council of Ministers Regulation No. 594/2018 has been enacted to govern block grant budget allocations and separate teaching hospital funding for autonomous universities.
- Council of Ministers Regulation No. 594/2018 governs the implementation of block grant budgets for autonomous universities.
- Annual budget support will gradually decrease as institutions achieve financial autonomy.
- Block grants may include financial support for students who cannot cover educational costs and for legally mandated free medical services.
- Budget allocation is based on input, output, and equity criteria including student numbers, research output, technology transfer, and geographical challenges.
- The budget allocation formula is prepared by the Ministry of Finance and the Ministry of Education and reviewed every two years.
- Teaching hospital budgets are calculated separately based on patient count, bed numbers, service complexity, and medical supply costs.
- Autonomous universities must submit their annual budget requests to the Ministry of Finance by the end of February.
- The Ministry of Education will conduct comprehensive performance evaluations twice a year based on key performance indicators.
- Block grant accounts will be audited by the Federal Auditor General, and financial documents must be kept for at least ten years.
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