Presidential citation for Olympians
Presidential citation for Olympians
President Ferdinand Marcos Jr. and the First Family welcome two-time Olympic gold medalist Carlos Yulo and other athletes who competed at the 2024 Paris Olympics in Malacañang on Tuesday. During the program, the President bestowed the Presidential Citation on all the athletes. He also announced a cash reward of P1 million to each of the 22 athletes, while coaching staff will receive P500,000. "Basta nag-Olympian, bigyan na natin ng P1 million, ima-match pa ng Office of the President," he says.
Video by Catherine Valente
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President Ferdinand Marcos Jr. and the First Family welcome two-time Olympic gold medalist Carlos Yulo and other athletes who competed at the 2024 Paris Olympics in Malacañang on Tuesday. During the program, the President bestowed the Presidential Citation on all the athletes. He also announced a cash reward of P1 million to each of the 22 athletes, while coaching staff will receive P500,000. "Basta nag-Olympian, bigyan na natin ng P1 million, ima-match pa ng Office of the President," he says.
Video by Catherine Valente
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Visit our website at https://www.manilatimes.net
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Tune In: https://tmt.ph/tunein
#TheManilaTimes
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NewsTranscript
00:30But I really want to ask them, what else can we do to increase the number of medalists?
00:39That's what I want to talk about.
00:41Not just the athletes, but also the coaches, the trainers.
00:44What else do you lack, the leaders?
00:47Where did you have a hard time when you trained with YOLO?
00:52What was the hardest part of it?
00:54That's what I'm looking for.
00:57I think the athletes, not just the medalists, but also the participants.
01:04That will inspire other people who have a prize.
01:09And they will be able to make up for their sacrifices.
01:14A lot of sacrifices, not just financial.
01:17Carlos YOLO will also be receiving 20 million pesos from the office of the president.
01:24In addition to incentives under the National Athletes and Coaches Benefits and Incentives Act.
01:29An amity card from the NPRCB valid until June 30, 2025.
01:34And travel tax exception until June 30, 2028.
01:37Courtesy of Tiesa.
01:53One more time, let's hear it for our Olympians!