Pakistan

Rs. 2 Billion Bailout Package Approved for Pakistan’s Top University

The federal government has approved a bailout package worth Rs. 2 billion for Quaid-e-Azam University (QAU) in Islamabad.

According to reports, the Finance Ministry has already allowed the release of 25 percent of the amount — Rs. 500 million — as the first installment.

The Economic Coordination Committee (ECC) directed that these funds be disbursed immediately, while also instructing the Education Ministry to conduct a detailed review of the university’s revenue and expenditure.

Ad Powered By Advergic
Loading ad . . .
Ad - Continue scrolling to read

Additionally, QAU has been asked to resubmit its sustainability plan, with the Education Ministry emphasizing the need for a comprehensive strategy to ensure the university’s long-term financial stability.

It is worth noting that the Rs. 2 billion bailout package for Quaid-i-Azam University was originally announced in the federal budget for the fiscal year 2025–26.

Stay Connected with ProPakistani

Get the latest education news, admissions updates, and scholarship alerts wherever you prefer.

Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.

Share
Published by
Sher Alam