Lahore: According to the report, the PCB's annual expenditures have nearly doubled from Rs 571 million in 2004 to Rs 1.8 billion in 2008. The board recorded a surplus budget of just over Rs1 billion in 2004, but by 2008 that had been whittled down, staggeringly, to a deficit of Rs 130 million. How that has happened is clear from the report. Criticism over the way the board has been run has never been mild, but the audit report, conducted on the request of Pakistan's sports ministry, will provide further fuel to the ire of those who say that the board has never been as poorly managed, as it has been this decade. Though not a public document, the report has found its way to several media outlets.
No comments:
Post a Comment