PSC hopes allowance and budget cuts are only temporary
Mark Escarlote on Jun 02, 2020 05:29 PM
(Photo: Josh Albelda)
The Philippine Sports Commission will return the regular allowances received by athlete and coaches once the budget that the agency usually receives from the remittance of the Philippine Amusement and Gaming Corporation returns to normal.
PSC chairman William ‘Butch’ Ramirez could only hope that the 50 percent budget cut on the allowances will only be temporary.
“’Pag bumalik ‘yung pera mula sa PAGCOR, ibabalik din namin ‘yan sa mga atleta. That money is intended for the athletes both grassroots and elite,” said Ramirez on Tuesday during the online Philippine Sportswriters Association Forum.
Ramirez said that slashing the monthly allowances was the best option with PAGCOR’s usual P150 million remittance in the past three to four years dropping to only P9 million in April amid the coronavirus (COVID-19) pandemic.
“Mabigat pero tinitingnan namin ‘yung aming balance as of May. Hindi kami aabot sa December kung normal na ibinibigay naming allowance eh ipagpapatuloy,” he said.
Top athletes receive P45,000 a month from the PSC, and P10,000 for those in the training pool.
The PSC gets the main bulk of its budget PAGCOR thru its monthly casino earnings.
Last March, PAGCOR’s contribution went down from P150 million to P99 million. It further decreased to P9 million in April with most gaming operations shutdown because of the contagion.
“It breaks our hearts. Pero kapag bumalik yan (National Sports Development Fund), we are committed to spend it for the athletes. The purpose of that funding is to spend it,” said Ramirez.
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