The Pakistan Sports Board (PSB) has allocated over 1 billion rupees to various sports federations and athletes over the past five years, reflecting the government’s commitment to developing sports across the country. According to the detailed financial reports published by the PSB on its website, the funds cover the period from FY 2019-20 to FY 2023-24.
Significant Increase in Funding Over the Last Two Years
A significant portion of the funds was released during the last two fiscal years. In FY 2023-24, more than 50 crore rupees were distributed among various sports federations and athletes, marking one of the largest allocations in recent history. Similarly, in FY 2022-23, the PSB disbursed over 42 crore rupees.
The earlier years saw relatively lower funding, with FY 2019-20 recording only 2.5 crore rupees in disbursements and FY 2020-21 reaching 40 crore rupees. The financial year 2021-22 saw the release of 6 crore 95 lakh rupees, indicating a gradual increase in government support for sports in Pakistan.
Key Beneficiaries of the Funds
Several key sports federations benefited significantly from PSB’s funding. The Pakistan Volleyball Federation received a total of 11.5 million rupees over the five-year period, with a substantial grant of 10 million rupees released in 2023-24 alone.
The Pakistan Hockey Federation (PHF), one of the biggest beneficiaries, received 10.36 crore rupees in total over five years, with a remarkable allocation of 590 million rupees disbursed in the last financial year, reflecting the PSB’s efforts to revive and strengthen the national sport of hockey.
The Athletics Federation of Pakistan (AFP) also saw substantial support, with over 10 crore rupees allocated in five years. Of this, 7 crore rupees were disbursed in FY 2023-24, emphasizing the board’s focus on track and field sports.
Other Federations Receiving Support
The Netball Federation received 7 crore rupees in funding over the five-year period, with 6.5 crore rupees being allocated in the last two fiscal years alone. This marks a major boost for netball, a sport that is gaining traction in Pakistan.
The Taekwondo Federation received 6 crore rupees over five years, showing increasing support for martial arts disciplines. Similarly, the Pakistan Tennis Federation received 4 crore 86 lakh rupees, and the Squash Federation was granted 5 crore rupees during the same period.
Conclusion
The Pakistan Sports Board has significantly increased its financial support for sports federations in recent years, with a strong focus on traditional and emerging sports. This allocation of over 1 billion rupees across five years is aimed at developing talent and improving Pakistan’s standing in international sports. The increase in funds, especially in the last two fiscal years, highlights the PSB’s dedication to fostering a competitive sports environment in Pakistan.
About The Author
