The Pakistan Sports Board (PSB) has introduced the “Sports Funding Regulations 2025”, a new framework aimed at ensuring transparent and merit-based financial support to national sports federations. The regulations, which came into effect immediately, require federations to submit annual performance reports, action plans, and budget estimates to qualify for funding. This new framework is designed to promote accountability, merit, and efficient resource allocation in Pakistan’s sports ecosystem.
Under the new rules, federations will only be allowed to spend funds on approved athletes and officials, and all transactions must be made through cross cheques or electronic transfers. Cash payments above Rs. 25,000 are strictly prohibited, and federations must maintain bank accounts with dual signatories. Additionally, federations must disclose all income sources, including sponsorships and donations, and return any unutilized funds within 30 days of an event.
The PSB reserves the right to conduct audits or inspections at any time, and federations that fail to comply with the regulations may face funding suspension, disciplinary action, or blacklisting. The PSB has made it clear that funding is not a right, and approvals will be granted solely at its discretion, based on national interest and representation.
The introduction of these regulations is a significant step towards reforming Pakistan’s sports sector, which has long been plagued by corruption and mismanagement. By promoting transparency and accountability, the PSB aims to create a more competitive and inclusive sports ecosystem, where funding is allocated based on merit and performance.
The new regulations also emphasize the importance of good governance and financial discipline in sports federations. By requiring federations to operate under dual signatories and disclose all income sources, the PSB is seeking to prevent financial malfeasance and ensure that funds are used for their intended purpose. Overall, the “Sports Funding Regulations 2025” represent a positive step towards creating a more transparent and accountable sports sector in Pakistan.