Nat’l athletes, coaches get 20% discount on goods, services
Mark Escarlote on May 30, 2020 02:16 PM
(Photo: Josh Albelda)
National athletes and coaches can now avail of 20 percent discount on goods and services.
The Philippine Sports Commission in a board meeting on Friday announced that the 20 percent discount for athletes and coaches, a provision in RA 10699, will finally be implemented as BIR issued Revenue Regulation 13-2020, dated May 27.
“We have been looking forward to this and we are thankful that our athletes and coaches will finally enjoy the privilege they deserve,” said PSC chairman William ‘Butch’ Ramirez.
The PSC has been working on the implementation of this privilege for a long time and have made headway with the help of the BIR last year.
Effectivity of the privilege will be 15 days after publication in the official gazette or any two nationally-circulated newspapers.
National athletes and coaches will also receive booklets aside from identification cards in order for beneficiaries to avail the said discounts, much like the booklet and ID being issued to senior citizens.
PSC is now having the booklets prepared. Members of the national team have already been issued their IDs.
Discounts shall be applied to food, medicine, recreation centers, hotels, and lodging establishments and sports equipment purchases.
While the discount privilege is welcome news, the Board also tackled belt-tightening measures with much of the government’s finances diverted to address the current coronavirus (COVID-19) pandemic.
The board and senior officers of the agency decided to implement a 50% reduction on allowances of athletes and coaches starting June 1 (to be remitted in July).
The decision came following the diminished finances from the National Sports Development Fund (NSDF), from which the allowances are taken, because of the health crisis.
The board said that this action was taken in order to sustain the granting of allowances until December 2020.
“This is a hard decision to make, but one that needed to be done so we can continue caring for our athletes longer,” said Ramirez, who assured that the allowances will be restored to the present rate once the NSDF reaches a comfortable level.
Last month the country’s sport department in order to cut back on expenses and reserve the remaining resources to continue its commitment to providing the allowances of athletes and coaches, discontinued contracts of sports coordinators, consultants, and JO staff.