Pakistan Sports Board (PSB) has released the details of the funds given to various federations and athletes over the last five years (Financial year 2019/20 to financial year 2023/24). The bulk of the funds released by the Board have been given out in the last two years.
According to the PSB document, more than 50 crores were released to various federations and players in the financial year 2023/24, more than 42 crores during 2022/23, 40 crores in 2020/21, six crores 95 lakhs to federations in 2021/22, and only 2.5 crores in 2019/20.
The PSB has allocated specific amounts to different sports federations and athletes. For instance, the PSB released 10.36 million rupees to the Pakistan Hockey Federation (PHF) in five years, more than 5.9 million of which were given to PHF last financial year, and more than 10 crore to the Athletics Federation. In 2023/24, a grant of 10 crores was released to the Volleyball Federation, whereas in the last five years, the Volleyball Federation received more than 11.5 crores.
PSB gave seven crores to the Athletes Federation of Pakistan in the financial year 2023/24, seven crores to the Netball Federation in five years, six crores to the Taekwondo Federation, and four Crores 86 Lakh to the Tennis Federation in the last five years.
During the last five years, the Squash Federation received five crores, the Rifle Association received 2.65 million, the Boxing Federation received three million, the Pakistan Billiards and Snooker Association received 2.47 million in the last five years, and the Cycling Federation received around four million funds.
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