State-run Philippine Amusement and Gaming Corp. said Wednesday it committed a P120-million support to the socio-civic activities of the Office of the Vice President.
Vice President Sara Duterte, PAGCOR chairman and chief executive Alejandro Tengco and OVP chief of staff Atty. Zuleika Lopez witnessed the signing of a memorandum of agreement for this purpose on Aug. 1, 2023 in Mandaluyong City.
The OVP is expected to expand the reach of its social services, with PAGCOR’s support.
PAGCOR will release the P120-million financial grant in four tranches, or P30 million per quarter, to support the OVP’s medical and burial assistance programs nationwide.
The OVP requested supplemental funding from PAGCOR over numerous requests for financial aid from recently-established satellite offices in different parts of the country.
Tengco said one of PAGCOR’s major corporate social responsibility programs is providing assistance to worthy socio-civic causes.
“We’re honored to be a part of the OVP’s efforts to address the medical and financial needs of Filipinos who are in dire situations,” he said.
“Through this grant, we hope that more people who approach the OVP for help will be given aid,” Tengco said.
PAGCOR said the financial grant would help impoverished patients settle their hospital bills, buy medicines, undergo dialysis treatments and avail of laboratory/diagnostic procedure, chemotherapy/brachytherapy/radiation therapy, implant/medical equipment/assistive device and physical/speech/occupational therapy.