The image is a blackboard with white text written on it. The text reads "1. How much is left? -T2A for T2A? (2)". 

2. New budget items:
3. New PhD:
4. Old MA:
5. New MA's:
6. Combine with 2M1-2M1 revision:
7. Support to WDSM PhD Program:
8. Teacher/Shapirovision/Research Infrastructure

The blackboard appears to be in a classroom or lecture hall, as there is a whiteboard on the left side of the image. The blackboard is blank, and the text is written in white chalk.