PCB approves next year hefty budget
LAHORE - Pakistan Cricket Board has approved its budget for the next fiscal year, increasing amounts for development of infrastructure and the domestic cricket.
According to the statement by the PCB, its Board of Governors met for its 49th meeting in Lahore to approve the budget.
PCB has budgeted to spend Rs916.36 million on domestic cricket, which is 89 per cent more than the previous year.
The budgeted expense on cricket development, talent hunt, academies programmes is estimated at PKR1 billion which is 52 percent higher than previous year.
An estimated PKR2.66 billion has been allocated to building cricket-related infrastructure mainly comprising stadiums in Rawalpindi, Karachi and Multan, and also for cricket academies in Lahore, Multan and Karachi.
The BoG also noted satisfactory shift towards enhancing revenue generating activities and development of cricket-related facilities and infrastructure.
The PCB's Board of Governors also approved nomination of Mansoor Masood Khan as Alternate Director to the ICC.
Khan will represent the PCB chairman in case of his absence at the ICC board meetings.
Meanwhile, presenting his report, the Chairman PCB Najam Sethi briefed the BoG on the infrastructure development projects carried out for revival of international cricket in the country