Olympic double gold medalist Carlos Yulo gets an additional P20 million from the Office of the President on top of the incentives he is entitled to receive under the law
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Yulo, 24, got rewarded P20 million from the Office of the President as he and the Philippines’ delegation to the Paris Olympics paid Ferdinand “Bongbong” Marcos Jr. a courtesy call at the Malacañang on Tuesday, August 13.Yulo, who also accepted the Presidential Medal of Merit, is entitled to get under Republic Act 10699 as he stands to pocket P10 million for each of his two gold medals.
Yulo, Villegas, and Petecio were also granted an amity card from the Movie and Television Review and Classification Board valid until June 2025 and travel tax exemption valid until June 2028.“I thought what we should do is really recognize all the athletes. For an athlete – be it from the Philippines or wherever – to qualify for the Olympics is not an easy feat,” said Marcos in a mix of Filipino and English.
“I apologize if it is just a small amount. I know that P1 million is small if you compare it to your sacrifice and the experiences you went through. But for now, this is what we’ll do,” said Marcos.as it won multiple gold medals in a single edition for the first time and matched its biggest medal haul in history.“If you can consider that all of these athletes who have done so well and have made us so proud, there is no official technical support from the government.
“Of course they get help. Sometimes, the government helps, but there is no formal structure to help our athletes and that is what we’re going to establish now.”Delfin Dioquino dreamt of being a PBA player, but he did not have the skills to make it. So he pursued the next best thing to being an athlete – to write about them. He took up journalism at the University of Santo Tomas and joined Rappler as soon as he graduated in 2017.
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