Garcia: New PSC Chairman will have P1.4-billion budget

THE next chairman of the Philippine Sports Commission will have a budget of P1.4 billion in his hands.

The money comes from funds saved by the government sports agency over the last six years.

PSC Chairman Ricardo “Richie” Garcia, who is waiting for his replacement, said the money was earmarked as seed money for the purchase of land, which will be utilized as a national training center for athletes.

PSC Chairman Ricardo “Richie” Garcia
The money can be spent well by the new set of agency officials for the PSC’s grassroots program and for national athletes who are preparing for international competitions.

“The new set officials need not worry about where their budget will be coming from,” said Garcia, who is set to leave the agency once the new administration of incoming president Rodrigo Duterte appoints new people to handle the PSC.

Garcia talked about the agency’s accomplishments and the legacy that he and the present set of commissioners will leave behind when he turns over the PSC’s affairs to a new set of officials appointed by the Duterte camp.

So far, the agency will also leave behind a legacy of giving national athletes an increase in allowances through the PSC’s priority program.

They have also provided incentives to athletes who have won medals in international meets, even helping differently abled athletes in their campaigns abroad.

He is confident that the incoming Duterte administration will be able to order the new Philippine Gaming Corporation Chairman Andrea Domingo to give the PSC its 5% remittance from its gross income.

The remittance will strengthen the PSC’s budget and help strengthen the implementation of its many programs.

Pampanga Rep. Joseller “Yeng” Guiao recently filed a petition before the Supreme Court, asking the PAGCOR and PCSO to honor their obligations to the PSC.

The two agencies need to remit close to P4 billion between 2010 and 2015. 

The PSC Act of 1990 clearly mandates that 5% of PAGCOR’s gross income should automatically be remitted to the PSC.  

It was alleged  that the gaming agency has brought down its contribution to 2.135 percent of its gross income since 1993.

“Nasa character ng bagong president (Duterte) na ibigay ang dapat ibigay, at gawin ang tama,” added Garcia.

Topics: Philippine Sports Commission
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