PCB approves Rs 7.76 billion budget – Express Urdu

<img src="https://c.express.pk/2020/06/2054235-pcb-1593202463-531-640×480.jpg" alt=" 10% minimize, 71.2% shall be spent on cricket actions
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10% minimize, 71.2% shall be spent on cricket actions
Photo: File

Lahore: The PCB has accepted a funds of Rs 7.76 billion for the following monetary yr, a 10% minimize within the state of affairs created by Corona, 71.2 on cricket actions. Percentage solely, 1.22 billion shall be spent on infrastructure.

According to the main points, within the assembly held yesterday, the Board of Governors of the PCB accepted a funds of Rs. 7.76 billion for the monetary yr 2020-21, austerity measures within the state of affairs created as a consequence of corona virus. Adopting a 10% minimize from final yr, the board's press launch mentioned that 71.2% of this yr's funds has been allotted to cricket alone, with out compromising on the actions of the earlier season.

Of this quantity, 25.2% shall be spent on home cricket occasions / gamers / match officers / assist employees contracts and High Performance Center bills, 19.three% shall be spent on worldwide residence / away collection and gamers' contracts, 5.5% shall be spent on girls's residence / They shall be spent on cricket and gamers' contracts.

19.7% shall be on PSL 2021 and 1.5% on medical and sports activities sciences. Due to Corona, the opportunity of internet hosting worldwide occasions will not be clear and these circumstances may additionally have an effect on the PCB's business program, a discount in income is predicted, so the BOG could be prepared to put money into infrastructure. Approved the event funds of Rs. 1.22 billion, which has been decreased by Rs. 800 million as in comparison with final yr.

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