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Saturday, November 23, 2024

Marcos orders additional funding for 2024 Paris Olympics

President Ferdinand Marcos Jr. has ordered additional funding for the Philippine Sports Commission (PSC) to support Filipino athletes competing in the 2024 Paris Olympics.

During a send-off ceremony on June 21, President Marcos emphasized the government’s commitment to advancing the cause of Filipino athletes.

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“So, on top of all these efforts, I direct the Office of the Executive Secretary to release to the Philippine Sports Commission [additional] funds to help support the preparation and participation of our athletes in these upcoming Olympics,” Mr. Marcos said during the event at the Ayuntamiento de Manila in Intramuros.

This funding is in addition to the P52 million already allocated for the athletes’ preparation, training, and participation. In 2023 alone, the government invested P1.15 billion in sports through the PSC.

The President highlighted ongoing projects, such as the rehabilitation of the Rizal Memorial Sports Complex and the PhilSports Complex, along with the development of the National Academy of Sports System in Tarlac and the Philippine Sports Training Center in Bataan.

He also urged all Filipinos to support the country’s athletes as they participate in the 2024 Paris Olympics, which will run from July 26 to August 11.

“To our athletes: You carry our hopes and dreams to Paris, you also carry with you the banner of our nation that believes in you, stands proudly beside you, and celebrates your every triumph, and is with you through any obstacle,” Marcos said.

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