Philippine News Agency
Parity in cash incentives for Paralympic, Olympic athletes sought
Senator Jinggoy Ejercito Estrada is advocating for a bill that would provide equal cash incentives to Filipino athletes, regardless of whether they have disabilities.
Estrada emphasized that the athletes' performance in the 2024 Paris Olympics demonstrates their capability to compete at the highest level.
He believes that athletes with disabilities, with proper training and support, can also bring honor to the country in international paralympic games.
Estrada filed Senate Bill No. 1442 to address the current discrepancies in cash incentives awarded to national athletes and those with disabilities who achieve success in international competitions.
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President Ferdinand "Bongbong" Marcos Jr. awarded P1 million each to the 22 Filipino athletes who competed in the 2024 Paris Olympics, totaling P22 million from the Office of the President.
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President Ferdinand Marcos Jr. honored Filipino athletes and coaches who participated in the 2024 Paris Olympics, doubling their cash incentives.
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Filipino gymnast Carlos Yulo was awarded a P14 million incentive from the House of Representatives for his stellar performance at the 2024 Paris Olympics, where he secured two gold medals.
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The House of Representatives approved on second reading House Bill No. 10723, which exempts cash rewards and incentives for national athletes and coaches from taxation.
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