Geo.tv – KARACHI: The Pakistan Cricket Board (PCB) has approved its budget for the next fiscal year, increasing amounts for development of infrastructure and the domestic cricket.

Summary

  • KARACHI: The Pakistan Cricket Board (PCB) 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 (BoG) met for its 49th meeting in Lahore on Monday to approve the budget, presented by the CFO.
  • The statement further added that this year, the PCB has budgeted to spend Rs916.36 million on domestic cricket, which is 89 per cent more than the previous year.
  • “While reviewing previous year’s financial performance for 2017-18, the BoG noted that the PCB has very successfully achieved its income target while PSL, in only its third year of operations, has emerged as the most successful brand in Pakistan and become a major source of revenue,” the PCB stated.
  • “The chairman spoke about the up-gradation of the National Stadium Karachi, which enabled the venue to host the PSL final and the three match T20I series against the Windies, in March-April this year,” the PCB said.


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