BBM President Marcos with pole vault champion EJ Obiena. Malacañang photo

President Marcos to present incentives to top athletes

July 10, 2023 Robert Andaya 430 views

PRESIDENT Marcos is keeping his promise to the Filipino athletes who brought honors to the country during the 32nd Southeast Asian Games and 12th ASEAN Para Games in Cambodia.

President Marcos, the country’s No. 1 sportsman, will personally present the cash incentives to more than 500 athletes on July 20 at the Malacañang Palace.

Philippine Sports Commission (PSC) Chairman Richard Bachmann welcomed President Marcos’ decision to invite the athletes to Malacañang Palace again and personally present their incentives for winning medals in the recent SEA Games and ASEAN Para Games both in Cambodia.

“We are grateful for President Marcos’ decision to personally award the incentives to Team Philippines. This is an expression of his admiration to our national athletes and their unwavering passion and dedication for representing the country,” said Bachmann in a statement released to the media.

Bachmann said the PSC will be releasing about P60 million and P14 million in cash bonuses for SEAG and APG medalists, respectively, as provided for by Republic Act 10699, or the Expanded National Athletes and Coaches Incentives and Benefits Act.

Under the law, national athletes who won gold medal will receive P300,000, silver medalist will pocket P150,000, and bronze medal finishers will get P60,000 at the SEA Games level.

It will be a little different but equally-rewarding for the ASEAN Para Games medalists who will receive incentives worth P150,000 (gold), P75,000 (silver), and P30,000 (bronze), respectively.

Funding for these cash bonuses from the government is taken from the net cash income of the Philippine Amusement and Gaming Corporation (PAGCOR), to be remitted to the National Sports Development Fund (NSDF) of the PSC.

“In the past, the PSC conducted two separate awarding for SEAG and APG medalists, but I believe it is more fitting to join the two for the President’s first-ever incentives awarding during his administration,” added Bachmann, who will be joining the awarding at the Palace together with the PSC Commissioners Bong Coo, Edward Hayco, Walter Torres and Fritz Gaston.

Also expected to attend the ceremony are Executive Secretary Lucas Bersamin, Senate Committee on Sports Chairman Sen. Bong Go, House Committee on Youth and Sports Chairman Rep. Faustino Dy III, and Philippine Olympic Committee (POC) President Mayor Abraham Tolentino, and other sports executives and officials.

During the biennial meets in Cambodia, Team Philippines placed fifth in the SEA Games by bagging 58 gold, 85 silver and 117 bronze medals.

In the APG, the country delivered a record-breaking performance with 34 gold, 33 silver and 50 bronze medals.

Last April, President Marcos also shared light moments with the national athletes during the send-off ceremony for the SEA Games-bound Philippine team at the Philippine International Convention Center (PICC) in Pasay City,

“One of the greatest pleasures I have found, being the leader, is to be able to give honor and to recognize, hopefully to inspire, and to provide support to our athletes, who are in fact our ambassadors in sport and play a very, very important part beyond just their participation in such important sporting events,” President Marcos was quoted as saying during the send-off ceremony at the PICC last April 23.