President Rodrigo Roa Duterte leads the awarding of incentives to Philippine Olympians in the Tokyoย 2020ย Olympics and other Filipino athletes at the Rizal Hall in Malacaรฑan Palace on August 23,ย 2021.
According to Republic Act No.ย 10699, or the National Athletes and Coaches Benefits and Incentives Act, athletes who won gold medals in either the Summer or Winter Olympic Games are entitled to PhP10 million cash incentive, while silver and bronze medalists shall receive PhP5 million and PhP2 million, respectively.
In the recently concluded Tokyoย 2020ย Olympics, the Philippines bagged four (4) medals โ the countryโs best performance since joining the Olympics inย 1924.
Hidilyn Diaz secured the countryโs first ever gold medal in the womenโs 55 kilogram weightlifting competition, while the Philippine Boxing Team brought home three (3) medals, with Carlo Paalam and Nesthy Petecio bagging silver medals in the menโs flyweight and womenโs featherweight divisions, and Eumir Marcial winning the bronze medal at the menโs middleweight division.
Likewise, President Duterte gives a special award to Mansueto โOnyokโ Velasco, Jr., silver medalist for boxing in theย 1996ย Summer Olympics.ย Also present to receive their awards are Olympic shooter Jayson Valdez and weightlifter Elreen Ann Ando. (PSC)
