“It costs us a lot of money hosting there,” the chief executive officer said.
“Frankly speaking the security situation has improved in Pakistan and security experts have also assessed that we are in a position to manage security risks while hosting teams in the country,” Khan added.
He said his board has not paid any money to Cricket Sri Lanka for its tour to Karachi and Lahore to play a series of One-day internationals and T20 matches.
Khan told the media here that since the PCB now wants to see Pakistan playing all their home Test and limited over series in Pakistan, it was trying to convince other boards to start sending their teams to the country.
Since 2010, a year after militants attacked the Sri Lankan team in Lahore, Pakistan have played all their major international home series in the UAE.
The PCB succeeded in bringing a World XI side to Lahore in 2017 for a short T20 series and then convinced Sri Lanka to play a lone T20 in the same city.
Last year they also hosted a depleted West Indies team for three T20 matches in Karachi, which came at the cost of extra money to the players and the concerned WICB by the PCB.
However, Khan said not a single penny has been paid to Sri Lanka for the current tour, as it was part of a reciprocal agreement.
He said that Pakistan also wanted Sri Lanka and Bangladesh to come and play Pakistan’s home Tests of the ICC Championship in the country in December and January.
The PCB official also said Pakistan wanted to resume bilateral ties with India but that depended on their government.
“If they also express the desire to play against us we would be willing to even play at a neutral venue as it is important that India and Pakistan play cricket.
“Cricket is a great way of bringing people together and cricket should remain cricket. We will play with India. I will be happy to explore possibilities of playing them,” Khan said.