Pacquiao offers own money to help set up his proposed boxing commission

“To shorten the dialogue in regards to the funds, it’s not going to be an issue anymore…[it’s the] prerogative of the DBM [Department of Budget and Management]. If the DBM will give P100,000, then so be it. I may also help the fee to determine workplaces,” Pacquiao mentioned, talking partly in Filipino, throughout Wednesday’s plenary session as Cayetano continued interpellating him on  Senate Invoice No. 2077, which the boxer-turned-politician was sponsoring.

“Now, if it will get handed and DBM offers it a funds of P100,000, I’ll give even my very own cash, as a lot as I can afford, to assist set up the Philippines Boxing [and Combat Sports Commission],“ he mentioned.

“I’ll spend my cash. I’ll arrange workplaces in Luzon, Visayas, and Mindanao for our Philippine Boxing Fee,” he added.

Earlier than this, Cayetano repeatedly questioned the need for a separate fee specializing in boxers when there was already the Video games and Amusements Board (GAB).

“It’s a duplication,” she mentioned. “It’s irresponsible for us to place in fundings for an additional company after we can not even say this different company (GAB) didn’t carry out its job properly.”

However Pacquiao insisted that the proposed fee’s mandate and features can be totally different from these already being carried out by GAB.

“GAB is simply regulatory and supervises giving licenses. However the operate of the fee that I proposed on this measure is to look out for and assist the welfare of athletes till their retirement,” he added.

In the meantime, Cayetano expressed misgivings about spending P150 million in the course of the COVID-19 pandemic to determine a boxing fee.

“The funding that his honor [Pacquiao] is asking for shouldn’t be, is not going to even straight go into the athletes. That is for the creation of workplaces,” she mentioned.

Privately-funded

Nonetheless, Cayetano was heat to the concept of funding the proposed fee privately as a substitute of utilizing public funds, noting that boxing commissions in lots of different international locations have been privately funded.

“The creation of a brand new workplace is an pointless expense right now, however I want to honor his honor’s need to assist the athletes whose sport he additionally loves by supporting his non-public fund,” Cayetano mentioned.

“I’ll be sure that these folks on the ground contribute,” she added in jest.

She was referring to Senate Majority Chief Juan Miguel Zubiri and Senators Sherwin Gatchalian and Joel Villanueva.

“To finish, I assist that transfer for a privately-funded fee,” Cayetano added.

She then terminated her interpellation on Pacquiao’s invoice.

[atm]

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