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BAHAWALPUR, Jul 09 (APP):The Finance and Planning Committee of the Islamia University Bahawalpur (IUB) approved a budget worth Rs. 9,102 million for the university for Financial Year (FY) 2025-26.
A meeting of the committee was held with Vice Chancellor Prof Dr Muhammad Kamran in the chair at Abbasia Campus of the IUB. Treasurer IUB Abdul Sattar Zahori presented the budget worth Rs 9,102 million before the Finance and Planning Committee The committee unanimously passed the budget. However, the IUB will face a deficit of Rs 409 million during FY2025-26.
The IUB budget have also allocations for several projects including research work, development projects, welfare of employees and students and issuance of scholarships to deserving students.
Other members who also attended the meeting of the Finance and Planning Committee IUB included Prof Dr Khalid Mansoor, Dean, Faculty of Veterinary and Animal Sciences, Prof Dr Abdul Majid Makki, Chairman, Commerce Department, Muhammad Shajee-ur-Rahman, Registrar IUB, Shah Sawar, Divisional Director, Local Fund Multan, Director, Samina Durrani, Director, Finance, Higher Education Commission and Zahida Azhar, Additional Secretary Universities.