Asian Boxing Confederation allocates $200,000 to new development fund Tuesday, 6 April 2021
A total of $200,000 (£144,000/€169,000) has been allocated by an Asian Boxing Confederation (ASBC) commission to the first phase of a new development programme.
The ASBC Fund and Development Commission confirmed the amount during its first meeting, held in Uzbekistan s capital Tashkent.
According to the ASBC, the money will be used to support boxers across the continent amid the coronavirus pandemic.
It will be spent on equipment and educational programmes, among other initiatives.
ASBC executive director Ali Salameh said allocating the funding directly to boxers, cooperating with the International Boxing Association (AIBA) and supporting educational courses are the key factors in developing the sport on the continent.
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