The PCB said that the Board of Governors meeting has approved an annual budget of 15 billion rupees for the fiscal year 2022-23 with 78 percent allocated for cricket activities. "As part of its strategy to incentivise, reward and encourage its high-performing elite cricketers, as well as to narrow the gap in salaries compared to players of other countries, the BoG has approved changes in the men's central contracts structure," the PCB said in a statement. From July 1, separate red and white-ball contracts will be given with increased retainers. The number of centrally contracted players has been increased from 20 to 33. The Board announced a 10 per cent increase in match fees across formats and also an increase in match fee for non-playing members from 50 per cent to 70 per cent of the overall match fee.