Islamia University's Annual Budget Approved By F&P Committee
Fahad Shabbir (@FahadShabbir) Published July 26, 2022 | 06:10 PM
BAHAWALPUR, (UrduPoint / Pakistan Point News - 26th Jul, 2022 ) :The Finance and Planning Committee of the Islamia University of Bahawalpur has approved budget recommendations worth Rs. 8,813.580 million (Rs 8.8 billion) for the financial year 2022-23.
The meeting of the committee was held at Baghdad-ul-Jadeed Campus under the chairmanship of Engr. Prof. Dr. Athar Mahboob, Vice Chancellor. In the budget, special attention has been focused on the construction and development of the university, the promotion of research activities, and the welfare of students.
A record amount of 4,033.665 million rupees (4 billion rupees) has been allocated for development expenditure.
Vice-Chancellor, Engr. Prof. Dr. Athar Mahboob termed the budget for the upcoming financial year as a history-making budget for the university which would lead the university on a new road of innovation and development. Extraordinary development projects would be launched in the university that would be examples of infrastructure and development.
Treasurer Prof. Dr. Abubakar told in the briefing that the budget deficit was controlled and turned into a surplus budget last year thanks to the best financial management. "This year, a special budget planning and events section has been set up in the Finance Branch, which will bring transparency and innovation in financial affairs with the help of the Directorate of IT, which will further reduce costs."In the meeting, committee members Prof. Dr. Muhammad Amjad, Dean Faculty of Engineering, Prof. Dr. Abdul Majid Makki, Chairman, Department of Commerce, Prof. Dr. Rahila Khalid Qureshi, Chairperson, Department of Arabic, Sumira Malik, Member Syndicate, Shahsawar, Representative Secretary, Ministry of Finance, Punjab and Abdul Samad, Additional Treasurer, the Islamia University of Bahawalpur participated.
Recent Stories
Azad Jammu Kashmir Prime Minister Chaudhry Anwar ul Haq condoles over the demise ..
Senior Army Commanders visit families of customs' martyrs to condole
Poland-Pakistan corporation established on solid foundations: Polish envoy
Chairman Senate passes ruling to constitute Special Committee of Upper House
Stocks fall as tech shares sink, US economy slows
Honda announces US$11 bn EV battery and vehicle plant in Canada
All AJK Inter-varsity Speech Competition urges UNO to ensure early grant of righ ..
AJK CEC calls on President Sultan Chaudhry
Assistant Secretary General of UNDP, Director of Regional Bureau for Asia & Paci ..
Portugal marks 50 years of democracy with far right on the rise
IHC suspends notification regarding cut in prices of 'naan & roti'
More Stories From Pakistan
-
Senior Army Commanders visit families of customs' martyrs to condole
58 seconds ago -
Poland-Pakistan corporation established on solid foundations: Polish envoy
1 minute ago -
Chairman Senate passes ruling to constitute Special Committee of Upper House
1 minute ago -
“Tragic day on Attock roads: fatal motorcycle collisions and a speedy dumper’s deadly impact
3 minutes ago -
All AJK Inter-varsity Speech Competition urges UNO to ensure early grant of right of self-determinat ..
48 seconds ago -
AJK CEC calls on President Sultan Chaudhry
50 seconds ago
-
Assistant Secretary General of UNDP, Director of Regional Bureau for Asia & Pacific calls on Governo ..
52 seconds ago -
IHC suspends notification regarding cut in prices of 'naan & roti'
55 seconds ago -
NJAC unanimously lauds proposals to establish technology corridor in judicial system
41 seconds ago -
PM seeks cooperation between Pakistan, Denmark in agriculture, energy sector
42 seconds ago -
President Raisi thanked Pakistani people for warm reception: Pirzada
45 seconds ago -
Dar urges opposition to burry past, join hands to steer country out of challenges
46 seconds ago