According to Joseph Encabo, the head of the Cooperative Development Authority (CDA), the organization plans…
PCSO sends P2.6 billion worth of revenues to the Bureau of the Treasury.
The Bureau of the Treasury (BTr) received around PHP2.6 billion in revenue on Monday from the Philippine Charity Sweepstakes Office (PCSO).
The transfer is a requirement of the gaming agency’s mandate to assist the government in funding its charitable endeavors and increase national revenue.
At the BTr headquarters, PCSO general manager Melquiades Robles gave the check for PHP2,665,701,213.78 to BTr deputy treasurer Erwin Sta Ana.
The sum is the PCSO’s payment to the BTr for 2022.
In comparison to the agency’s total remittance of PHP1,560,102,891.25 in 2021, this represents a huge rise of 70%, or PHP1,097,678,322.53, Robles stated.
He also expressed gratitude for the PCSO officers, staff, and stakeholders’ tireless work and assistance, which helped the agency generate more money.
“We are honored to donate to the government. The P2.6 billion symbolizes our steadfast dedication to meeting the populace’s needs, according to Robles.
The PCSO general manager praised the public for their ongoing support while restating his earlier call only to play authorized legal games.
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