CARLOS YULO BAGGED SECOND OLYMPIC GOLD MEDAL FOR THE PHILIPPINES


Yulo’s hard works and efforts to achieve a perfect and smooth performance in his exhibitions fruit of after winning the gold medal (Photo courtesy of ABS-CBN News)
Carlos Yulo wowed the crowd at the Bercy Arena on his floor exercise finals of the men’s artistic gymnastics after scoring a total of 15.000 points, and the Philippines national anthem sung a second time around in the 2024 Paris Olympics after clinching the gold medal on Sunday, August 4.
President Ferdinand Marcos Jr. congratulated Yulo on his social media account stating, "We've witnessed history as Carlos Yulo clinched the Philippines' first Gold medal in artistic gymnastics at the Paris 2024 Olympics."
"You have achieved gold for the Philippines not once, but twice! Filipinos all over the world stood united, cheering and rooting for you. We are proud of your shining success! We salute you!”
Yulo became the Philippines’ first double Olympic gold medalist after winning the first gold medal of the Philippines at Paris 2024 and the first medal of the country in men's artistic gymnastics. Yulo is set to receive awards and incentives from various government sectors and private companies.
A ₱10 million cash incentive from the Philippine Sports Commission (PSC) will be given to Yulo as mandated by Republic Act 10699 or the National Athletes and Coaches Benefits and Incentives Act. Olympic Gold Medal of Valor from the PSC will also be given.
From the House of Representatives, the Olympic champion will also be receiving ₱3 million. “This reward reflects our support for his continued success and our commitment to fostering Filipino talent on the international stage,” Representative Elizaldy Co, chairman of the House Committee on Appropriations said.
A two-bedroom fully furnished condominium unit valued at ₱24 million at McKinley Hill from the real estate developer Megaworld Corporation will also be gifted to Yulo. Food brand Vikings Luxury Buffet will also be giving Carlos a lifetime free buffet.
The SM Group of the Sy family also pledged P1 million worth of products from SM Retail, both department stores and supermarkets, consumable within one year.
Source: ABS-CBN News
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