The Filipino Olympic athletes and their coaches are set to receive incentives from Malacañang, a Palace official said on Tuesday.
In a public briefing, Presidential Communications Office Assistant Secretary Dale de Vera said incentives will be given to all Olympians and their coaches after the Philippines bagged two gold and two bronze medals in the recently concluded Paris Olympics.
“There will be incentives not just for the gold medalists, but for all the coaches and Olympians too.,” De Vera said.
“They all brought honor and pride, well-deserved for what we call ‘modern-day heroes.’,” he added.
Asked on what would be included in the incentives, De Vera said that let President Ferdinand Marcos announce the prizes during the awarding ceremony.
In addition to the incentives, Malacañang will hold a simple ceremony to honor its Paris Olympians, with all athletes receiving a presidential citation. Carlos Yulo, a double gold medalist, will be awarded the Presidential Medal of Merit.
Moreover, a homecoming parade for Olympians was also organized and scheduled for August 14 to celebrate the country’s successful Olympic campaign.
The festivities will begin with a parade starting at 3:00 p.m. from Aliw Theater in CCP Complex in Pasay City to Rizal Memorial Sports Complex which will feature a mini program where fans can meet and greet the athletes.
De Vera urged the public to participate in the celebration by welcoming the athletes.
De Vera said out of the 22 Olympians, 17 are expected to join the parade. Five athletes will miss the event due to scheduled competitions leading up to the 2028 Olympics.
