WADA has a budget of approximately $35 million (£27 million/€32 million) annually, while the overall spending on anti-doping around the world, including by National Anti-Doping Agencies, is believed to be around $260 million (£202 million/€235 million). "It is not a new idea to engage big sponsors as part of their corporate social responsibility".
The International Olympic Committee (IOC) and the World Anti-Doping Agency (WADA) must cooperate closely to fight against doping in sport effectively, IOC president Thomas Bach said in Katowice on Tuesday.
In a panel discussion at the Fifth World Conference on Doping in Sport in Poland, Ms Mohamed stated that there was need to create confidential avenues that will encourage reporting of doping cases in a bid to promote the sanctity and integrity of sports.
"It is ridiculous that an organisation with the status of a global regulator has a budget of less than $40 million (£31 million/€36 million)", he said.
A total of $5m of that amount will go towards storing test samples from pre-Olympics testing for ten years, while the other $5m will be put towards stepping up scientific research efforts and strengthening the investigative powers of Wada itself.
Bach also urged governments to do more to help "drain the doping swamp" by going after the entourage of a cheating athlete.
It was closed down by Nike last month as the Salazar situation had become "an unfair burden" on athletes on the elite training programme.
On the opening day of the event in Katowice on November 5, outgoing WADA President Craig Reedie said the Russian scandal that erupted in 2015 was the biggest challenge the organization had faced in its 20-year existence.
"It is currently being used to bring more cheats to justice with dozens of cases now proceeding through the various judicial channels", the WADA chief stressed.
Last month, Putin said it was time to move on from the crisis, and that Russian Federation is cooperating with the World Anti-Doping Agency.
"What it taught us when it erupted was that we were not equipped to deal with such a large-scale [doping] program", he said. After receiving the data from Moscow, WADA's investigation and intelligence department suspected that the records had been manipulated before being submitted. "We've been in this crisis for five years now, and that crisis is unfortunately becoming even worse and deeper now".