PSC to settle remaining SEAG debt by Dec. 15

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Metro Manila (CNN Philippines, November 21) – The Philippine Sports Commission (PSC) promised to pay its remaining ₱304 million debt to various suppliers during the 2019 Southeast Asian Games.

"They are processing some of the claims already," said Sen. Sonny Angara, the national sports agency's sponsor for its proposed 2021 budget. "There's just some paperwork to be done but they are expecting by Dec. 15 they will be able to pay these."

PSC's debt was reduced by ₱83 million after national sports officials bared on Oct. 7 it still owes ₱387 million to suppliers of the 30th edition of the biennial regional competition.

PSC Executive Director Guillermo Iroy previously explained such debts were incurred due to the decreased budget for the hosting of the sporting event.

Only a total of ₱6.8 billion budget was given to the Philippine Southeast Asian Games Organizing Committee (PHISGOC), which Iroy said was "way below" the estimated ₱7.5 billion cost of the hosting.

Sen. Nancy Binay urged the PSC to complete its payment as the first anniversary of last year's Games is nearing.

"We hosted the SEA Games on Nov. 30, 2019. The PSC's debts will mark its first year," Binay said during the Senate deliberations for the proposed 2021 budget of government agencies.

The Butch Ramirez-led national sports body assured it will submit its financial report of the 2019 SEAG by the end of the year.

Senators increased the PSC's budget from ₱171 million in the House of Representatives' version to ₱688 million as the country gears for five major international sporting events next year. This includes the postponed Tokyo Olympics and the 2021 SEA Games in Vietnam.

Filipino athletes bagged their second overall SEAG title in 2019 after winning 149 golds, 117 silvers, and 121 bronzes. The Philippines previously won the overall SEAG championship in 2005, also held on home soil.