Connect with us

Hi, what are you looking for?

Tiebreaker Times

2020 Tokyo Olympics

Malacañang adds P100K to Team Pilipinas’ allowance in Tokyo


The Malacañang Palace has announced that President Rodrigo Duterte has approved an additional P100,000 games allowance to all 19 Tokyo Olympians and 6 Paralympians as a token and a celebration of the achievement of the athletes qualified for the Olympics and Paralympics. 

Philippine Sports Commission Chairman Butch Ramirez feels elated on this development. He declared that “our athletes deserve this additional show of support”; adding, “thank you President Duterte sa lagi niyong suporta sa ating mga atleta.”

The additional support received approval upon the recommendation of Senate Committee on Sports Chairman Senator Bong Go and the PSC.

This is on top of the previously-approved $1000 allowance from the PSC.

Ramirez highlighted the support of the government in our Olympians’ preparation for the Summer Games The sports agency has spent over P2 Billion for foreign exposures, allowances, equipment, venues and supplies of the national team since 2016.

“We can see the sincere care of the President for our athletes, grassroots to elite ito.

“He is the only president who never missed any Palarong Pambansa; consistently recognized the achievements of our athletes by always inviting them to the Palace; and sacrificed standing for three straight hours to award the incentives of our elite athletes,” explained the sports chief.

By virtue of RA 10699 or the expanded incentives act, an Olympic medalist stands to receive from the national government 10-million, five-million and two-million for a gold, silver, or bronze finish respectively. Paralympic medalists shall get P5 million, 2.5-million, and one-million for gold, silver, or bronze wins.

#ReadMore  Thompson has no doubt Malonzo can knock down big shots
Written By


You May Also Like

News

The recently concluded Oriental Mindoro Sports and Youth Summit marked a decisive step in shaping the province’s future as a regional sports hub. With...

News

Fifty years and counting for the Philippine Taekwondo Association. President Ferdinand Marcos Jr. described the milestone as “significant” for a sport that has brought...

News

The HD Liftoff 2026 turned Glorietta into a powerhouse arena over the weekend, as more than a hundred lifters from across the country showcased...

News

EJ Obiena soared over 5.91 meters to capture the gold medal at the Golden Sand 2026 in Promenada Gwiazd, Miedzyzdroje, Poland, early Tuesday morning,...

Golf

A first for Philippine golf and a potential boost to sports tourism. That, in a nutshell, is Golaman: the country’s first online golf booking...

Gymnastics

TAGAYTAY, Cavite — Competing in their first international tournament, the Philippines’ young gymnasts proved they belong on the continental stage after capturing one gold...

News

Philippine Sports Commission chairman Pato Gregorio hailed Ormoc City as a model local government partner in grassroots sports development as it continues its push...

News

The Philippines and Timor-Leste are charting a new course in sports diplomacy, with the Philippine Sports Commission set to formally invite Timor-Leste to participate...

Advertisement