'In loss' PCB approves 1.45 billion rupees budget for 2009-10
8 Nov 2009, 1347 Hrs

Add comment          Mail          Print          Write to Editor

Lahore, Nov.8 The Pakistan Cricket Board's (PCB) governing board has approved a budget of 1.45 billion rupees for the year 2009-10.

The budget, which was delayed by five months, was approved in a meeting held at the National Cricket Academy (NCA) here. The meeting was chaired by PCB chief Ijaz Butt, The Nation reports.

Talking to mediapersons after the meeting, PCB's joint Director General Wazir Ali Khoja said the board has suffered huge loss due to the refusal of foreign teams to tour the country citing security reasons.

"There has relatively been decline in the board's resources, all due to the refusal of foreign teams to play in Pakistan and for that problem, the budget includes 830 million rupees interest and 620 million rupees deficit," Khoja said.

"The current budget is not the final ward and changes are possible according to the situation. If the PCB resources increased, the budget would also increase," he added.

During the meeting, Director General Javed Miandad also presented the new domestic cricket structure, to which some of the members of the board raised objections.

When asked about the issue, Khoja clarified that the issue would be sorted out soon.

"The members have some reservations on the briefing given by Miandad on domestic structure and for that a three-member committee led by the Director General with Shakeel Sheikh and Dr Mohammad Ali Shah as members has been formed to further deliberate on the subject," he said. (ANI)

Related Latest

Restoration of Mughal road in J-K heads towards completion Cultural heritage of Manipur showcased in Sikkim Green Park stadium's scoreboard, the only manually operated scoreboard in India 3 injured in fire at Jodhpur's handloom showroom Fort Hood gunman couldn't wait to join Qaeda imam in paradise in the afterlife AirAsia set to become most connected non-local airline in India Liverpool will be in top four of the league table, vows Benitez Extinction rates higher in open-ocean settings during mass wipeouts Buddhist monks pray for world peace in Bodh Gaya 'Aggressive' development must to prevent return of terror in FATA: Zardari

Related Latest

US to give crucial information on Headley-Rana accomplice's 26/11 role to India Restoration of Mughal road in J-K heads towards completion China wants a Chinese version of Tibetan Buddhism, says Dalai Lama Cultural heritage of Manipur showcased in Sikkim Green Park stadium's scoreboard, the only manually operated scoreboard in India Dalai Lama hopes PM will discuss Tibet issue with the U.S. leadership 3 injured in fire at Jodhpur's handloom showroom White House prepares for first state visit by Manmohan Singh Bamboo fencing on Nainital's hillside roads to prevent mishaps Indian Navy vessel on solo circumnavigation of world reaches New Zealand

• US to give crucial information on Headley-Rana accomplice's 26/11 role to India
• Restoration of Mughal road in J-K heads towards completion
• Cultural heritage of Manipur showcased in Sikkim
• Green Park stadium's scoreboard, the only manually operated scoreboard in India
• White House prepares for first state visit by Manmohan Singh

• भारतीय क्रिकेट की मजबूत दीवार
• कंगारूओं के आगे ढेर, चीतों से कैसे मुकाबला करेंगें शेर
• Reducing greenhouse gases may not be enough to slow global warming
• बीकानेर महापौर चुनावः एक विश्लेषण
• Deepawali: The Festival Of Lights