PCB approves 10% budget cut, allocates Rs 3.48 billion

KARACHI: The Pakistan Cricket Board (PCB) on Monday approved a budget of PKR 7.76 billion (Rs 3.48 billion) as operating expenditure for the 2020-21 fiscal year.

The approved amount was a 10 per cent reduction from the 2019-20 fiscal year as the PCB continue their efforts to balance the books amid the coronavirus pandemic.

Although the budget was reduced marginally, a PCB media release stated that there was no cut-down on cricket-related activities as the board is committed to spending PKR 5.29 billion on cricket over the next 12 months.

The allocated cricket budget includes PKR 1.8 billion in High Performance, PKR 1.4 billion on Pakistan Super League 2021, PKR 1.4 billion on international cricket, PKR 109 million on Medical and Sports Sciences, PKR 411 million on women’s cricket and PKR 39 million on disabled cricket.

PCB’s High Performance got the biggest chunk of the budget as it deals with most of domestic cricket’s expenses including players/match officials/curator contracts, domestic events and their prize money as well as different academy programmes.

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