PU releases green paper on Two-Year performance - PU’s revenue increased from Rs7.15 Billion to Rs12.56 Billion: Spokesperson
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LAHORE: (Wednesday, July 22, 2026): Punjab University administration has released a Green Paper highlighting its performance over the past two years, ahead of a White Paper reportedly being prepared by groups facing corruption inquiries. Meanwhile, three of the five groups that were part of the Joint Action Committee announced their separation from the committee and boycotted its press conference. The spokesperson said that the remaining groups in the Joint Action Committee are facing inquiries involving billions of rupees as well as disciplinary proceedings under the law. He alleged that these groups are attempting to exert pressure on the university administration to avoid accountability. Sharing details of the Green Paper, the spokesperson for PU said that under the leadership of Vice Chancellor Prof. Dr. Muhammad Ali, the university’s financial management and good governance initiatives have yielded positive results. As a consequence, the university’s total revenue has increased from Rs7.15 billion to Rs12.56 billion. He stated that despite the discontinuation of private degree programmes and a substantial decline in the number of private candidates, the university achieved a historic increase in revenue. He added that the number of private candidates decreased from 192,000 to 35,000 last year. The spokesperson further said that, for the first time, PU recorded a significant reduction in its budget deficit, which declined from Rs 2.86 billion to Rs 1.67 billion. He noted that prudent financial management, austerity measures, and transparency policies helped reduce the deficit, while improved financial discipline significantly reduced reliance on reserve funds. Tweet Follow @pu_lhr_official |