Explaining about the Pakistan Endowment Fund for Education, the PM said that funding for this programme should be enhanced up to Rs140 billion for next 10 years. He recalled that he, as Chief Minister Punjab, had launched the Punjab Education Endowment Fund (PEEF) in 2008 with an annual allocation of Rs 2 billion. The prime minister said over 400,000 students benefited from this Fund who were now serving the country in different professions. The event, organized by Pakistan Pharmaceutical Manufacturers’ Association (PPMA), gathered corporate heads of national and multinational pharmaceutical companies and pharma experts. The prime minister said the country’s pharmaceutical industry was playing an important role in meeting the demands of medicine.