THE Philippine Sports Commission’s financial support for the country’s international commitments like the Tokyo Olympics and the 31st Vietnam Southeast Asian Games will hinge on additional funds it has requested from the Department of Budget and Management, according to Commissioner Ramon Fernandez.
Fernandez, the chief of mission of the national delegation to Vietnam, said the PSC would know from the DBM by April if its request of close to P400 million would be granted.
He said the amount is broken down to P150 million for the national team’s training and participation for the Tokyo Games, P200 million for the Vietnam SEA Games, P17 million for the World Paralympic Games and P30 million for the Vietnam Para Games.
Fernandez said the PSC’s National Sports Development Fund, which has been the main source for the expenses of these undertakings, was virtually reduced in half after the Philippine Amusement and Gaming Corporation’s remittances to the government sports agency was also cut due to the pandemic.
Fernandez warned that if the present trend continues “we could be looking for a lean and mean team” for the Vietnam Games.
Philippine Olympic Committee President Rep. Abraham “Bambol” Tolentino had announced earlier that he was looking at 560 athletes who will compete in 38 out of the 40 disciplines calendared in the regional games set in the Vietnamese capital of Hanoi from Nov. 23 to Dec. 2.
One of the architects of the country’s overall victory in the games two years ago, Tolentino is hoping for at least a third overall finish this time.
Fernandez encouraged the National Sports Associations fielding athletes to the Vietnam SEA Games to raise funds on their own if they want all of their standard-bearers to compete in the biennial meet.