Sports

PSB disburses Rs 1.07 billion to sports federations & associations in 5 years

Published by
Web Desk

ISLAMABAD: The Pakistan Sports Board (PSB) has revealed comprehensive details regarding the allocation of funds to various national sports federations and athletes. During the last five years, PSB has disbursed a total of Rs. 1.07 billion for national sports federations and athletes.

Here’s a breakdown of PSB’s yearly funding:

  • 2019-20: PKR 25 million
  • 2020-21: PKR 42.42 million
  • 2021-22: PKR 69.5 million
  • 2022-23: PKR 423.29 million
  • 2023-24: PKR 509.13 million

Among the recipients, the Pakistan Volleyball Federation emerged as the most funded body, receiving Rs 115.5 million. It also includes a significant allocation of Rs. 100 million in FY 2023-24 alone.

Pakistan Hockey Federation closely followed by getting Rs. 103.65 million over five years with Rs. 59.15 million was allocated in the last financial year. The Pakistan Athletics Federation also received substantial support from the PSB, with a total of Rs 101.29 million including Rs 69.25 million last year.

Pakistan Tennis Federation got Rs.2000. 48.68 million, while the Pakistan Squash Federation received Rs. 49.92 million, reflecting the ongoing efforts to preserve the country’s legacy in these sports. Pakistan Wrestling Federation and Cycling Federation received Rs.2000. 37.93 million and Rs.37.39 million respectively, to strengthen its development programmes.

Web Desk

Recent Posts

Kaspersky Flags Hundreds of Fake Websites Targeting Football World Cup Fans

ISLAMABAD: Kaspersky warns users to be careful with unofficial streaming and betting platforms to avoid…

49 minutes ago

ICC releases latest player rankings as Joe Root regains top Test batting spot

DUBAI: The ICC has issued the new players' rankings, with England's Joe Root getting back…

60 minutes ago

Religious scholars join IPP in Gilgit-Baltistan amid political developments

GILGIT: In a significant political development in Gilgit-Baltistan, several prominent religious scholars and community leaders…

2 hours ago

Interesting conversation between Prime Minister and Fazlur Rehman in the National Assembly

ISLAMABAD: An interesting conversation took place between Prime Minister Shehbaz Sharif and Maulana Fazlur Rehman…

3 hours ago

Decision to pay salaries and pensions to government employees ahead of time

KARACHI: A big good news has come out for government employees of Sindh. It has…

3 hours ago

Big increase in prices of chicken and eggs, government price list ignored

ISLAMABAD: The prices of chicken and eggs have skyrocketed. The government price of chicken meat…

4 hours ago