(Sports Correspondent: Imran Sohail)
Pakistan Sports Board Increases Prize Money for Medal-Winning Athletes
In a major step to recognize sporting talent, the Pakistan Sports Board (PSB) has announced a significant increase in cash awards for athletes who win medals at both international and national events. The decision was approved during the Board’s 34th official meeting and is part of the newly enhanced Cash Award Policy.
Olympic Medal Winners to Receive Higher Rewards
Under the revised structure, athletes winning medals at the Olympic Games will receive substantially higher amounts:
-
Gold Medal: Rs. 30 million (previously Rs. 10 million)
-
Silver Medal: Rs. 20 million (previously Rs. 7.5 million)
-
Bronze Medal: Rs. 10 million (previously Rs. 5 million)
Increased Incentives for Asian and Commonwealth Games
Athletes competing in the Asian Games will also benefit:
-
Gold Medal: Rs. 15 million (up from Rs. 7.5 million)
-
Silver Medal: Rs. 7 million (up from Rs. 5 million)
-
Bronze Medal: Rs. 5 million (up from Rs. 3 million)
For the Commonwealth Games, new prize amounts are:
-
Gold Medal: Rs. 7.5 million
-
Silver Medal: Rs. 5 million
-
Bronze Medal: Rs. 3 million
(These represent increases from Rs. 5 million, Rs. 3 million, and Rs. 2 million respectively.)
A Boost for Pakistani Sports
This revised cash award policy is being hailed as one of the most athlete-friendly initiatives in South Asia. The PSB aims to not only reward outstanding performance but also inspire young athletes to pursue excellence on the global stage.
Officials have also indicated that the policy will undergo periodic reviews to ensure it remains aligned with international standards and reflects the evolving needs of various sports disciplines.
With higher incentives now in place, Pakistani athletes will be heading into upcoming events with stronger motivation—and the promise of meaningful recognition for their achievements.
