MANILA – The Philippine Sports Commission (PSC) has extended a total of PHP5.12 billion financial assistance for sports development of the national sports associations (NSAs) last decade.
Based on the PSC financial report released to the media on Wednesday, the Philippine Athletics Track and Field Association topped the list of the largest financial aids the PSC handed out from 2010 to 2020 to regular Philippine Olympic Committee (POC) member NSAs with PHP274.3 million.
The Philippine Swimming Inc. received the second highest funding of PHP270.7 million.
For two straight years from 2018-2019, however, swimming got more financial assistance from the PSC than athletics with swimming getting PHP85.86 million in 2019 alone.
Canoe-kayak received the third most with PHP215.19 million, while the Association of Boxing Alliances in the Philippines, the recently named NSA of the Year by the Philippine Sportswriters Association, was fourth with PHP211.89 million.
Taekwondo rounds out the Top 5 with nearly PHP208.52 million.
Among the associate POC member NSA's, dancesport got the largest financial assistance with some loose change above PHP60 million.
The Philippine Sports Association for the Differently Abled got the most financial assistance among the recognized members with over PHP379.1 million.
In 2019, the PSC released a total of PHP1.198 billion financial assistance to the NSAs as the country hosted and won the overall championship of the 30th Southeast Asian Games.
The PSC was created as top government sports body in 1990 through Republic Act 6847.
It has grown into one of the country’s formidable institutions, ennobled by its salient mission of transforming the Filipino people into a healthy citizenry through various commendable sports development programs. (PNA)
