PCSO Hands Over P2.6-B To Bureau Of Treasury

Share

The Philippine Charity Sweepstakes Office (PCSO) on May 15 turned over a total of 2.6 billion pesos to the Bureau of Treasury (BTr), committing to fulfill its mandate as the government’s major charitable arm and big contributor to national coffers.

PCSO General Manager Mel Robles personally handed to Deputy Treasurer Erwin Sta. Ana a cheque with the total amount of Php2,665,701,213.78, representing the agency’s remittance to the BTr for 2022.

This is a significant increase of 70% or Php1,097,678,322.53 to the agency’s total remittance of Php1,560,102,891.25 in 2021.

In a statement, GM Robles expressed his gratitude for the tireless efforts and support of the PCSO officers and employees, as well as their stakeholders, that resulted in greater revenues for the agency.

“We are proud to contribute to the government’s coffers. The Php2.6 billion represents our unwavering commitment to serve the needs of the people,” he said.

While GM Robles thanks the public for their continued patronage of the PCSO, he reiterates his call for them to participate only in agency-sanctioned legal games. 

“Sa halagang bente makakatulong ka na sa bayan mo,” he emphasized.

Observers noted that the huge jump in remittance demonstrates the effectiveness of the current PCSO leadership’s initiatives and reforms in fulfilling its commitment to generate funds for the government’s health and charitable programs.

The PCSO is mandated to raise funds through lotteries and sweepstakes, the earnings of which are then being used for health programs, medical assistance and services, and charity works of the national government.

Earlier, GM Robles expressed confidence that PCSO will generate more funds as it intensifies its campaign against illegal gambling in partnership with the Philippine National Police.

Started in 1927, the Philippines Graphic is the longest-running printed magazine of national circulation that provides relevant news and features and promotes Philippine literature.

Table of contents [hide]

Read More

Australia’s Scoop Wholefoods lands in the Philippines

The iconic organic, refill-led concept enables Filipinos to make healthier, zero-waste food, home and beauty choices VIA GRAPHIC PLUS — A new approach to eco-friendly living meets Filipinos as Australian cult-favorite Scoop Wholefoods...

No community too far: Bringing quality healthcare closer to home

VIA GRAPHIC PLUS — A teenager gathers the courage to seek confidential guidance on a personal health question. An expectant mother prepares to give birth without fearing a hazardous trek down a...

Honda brings Riders Convention to Mindanao

The event brought riders together for another vibrant celebration of passion, community, and empowerment VIA GRAPHIC PLUS — Building on the strong momentum from its previous events in Luzon and Visayas, Honda Philippines,...

Luzon Corridor could drive up to ₱2.9 trillion in economic output – JLL

VIA GRAPHIC PLUS | MAKATI CITY, Philippines — Southeast Asia's young population, fast-growing digital economy, and new place in global supply chains are moving the region to the center of world growth,...