Pakistan, July 31 -- The Pakistan Sports Board (PSB) has enforced the 'Sports Funding Regulations 2025' aimed at ensuring the transparent and performance-based utilization of government funds and providing financial support to sports federations on merit.

According to the regulations, the submission of annual performance reports, action plans and budget estimates is mandatory for availing funding. Moreover, the funds will only be spent on approved athletes and officials, said a press release.

As per the regulations approved by PSB Director General Muhammad Yasir Pirzada, the Board reserves the right to conduct financial inspections or audits at any time, while the Auditor General of Pakistan may also audit grants-in-aid.Federations are ...