Proposed budget ng PCSO at PAGCOR, sumalang sa budget deliberation ng Kamara;
Mawawalang pondo ng pamahalaan dahil sa total POGO ban, naungkat sa pagdinig
Mawawalang pondo ng pamahalaan dahil sa total POGO ban, naungkat sa pagdinig
Category
🗞
NewsTranscript
00:00Officials of the PCSO are now planning the budget deliberation of the House of Representatives.
00:06They are continuing their efforts to increase the income of the government
00:11that will be used as a fund for the government's important programs.
00:17Bella Lesmora is live in the center of the news.
00:22Aljo, the House Committee on Appropriations has already deliberated the budget for the second day today.
00:28Officials of the PCSO are now facing the judges
00:32and officials of PAG-COR will also face them this afternoon.
00:38It was past 9 a.m. this morning when the House Committee on Appropriations
00:44heard the budget for the next year.
00:48Today, officials of the Philippine Charities Whipstakes Office
00:53and PAG-COR, or the Philippine Amusement and Gaming Corporation, will follow later.
00:59The government's national fund, PCSO and PAG-COR, is a partner of the PCSO and PAG-COR.
01:04Aside from their budget utilization,
01:07their projected revenue for the next year is usually spent by judges.
01:13In one part of the hearing,
01:15House Deputy Speaker David Suarez said that the government will lose funds
01:20because of the total POGO ban.
01:22He asked the PCSO if they came up with a solution
01:25so that the government's national fund will be able to pay it back.
01:29According to the PCSO, part of their goal is to increase their revenue.
01:35One of their plans is to add a betting platform.
01:39They are also planning to launch another variant of the lottery.
01:43Suarez reminded that in the middle of the PCSO's expansion operation,
01:47they just need to abide by the law and follow the rules
01:52and avoid illegal online gambling in the country.
01:56At any time now, we expect that the officials of PAG-COR will be in front of us.
02:01And like the PCSO,
02:03other lawmakers said that they will also raise the lost funds because of the total POGO ban.
02:09Congressmen are saying that they will support President Ferdinand R. Marquez Jr. in this matter.
02:16But as part of their plan in our country,
02:19they are also working on a way to increase the government's funds
02:25so that they can cover the lost funds.
02:28Aljo.
02:29Thank you very much, Mela Lesmores.