Philippine Charity Sweepstakes Office Chairman Junie E. Cua hailed what is turning out to be a banner year for the agency, after it was once again recognized by the Governance Commission for GOCCs (GCG) in the inaugural GOCC Governance Awards Ceremony held last week.
The PCSO was among three government-owned and controlled corporations that the GCG recognized as “Most Improved GOCCs”.
The PCSO’s recognition as one of the “Most Improved GOCCs” was due to the marked rise in its Performance Scorecard ratings from 2021 to 2022.
“Malaking karangalan po para sa PCSO ang mapabilang sa mga kinikilalang GOCC ng GCG. The agency faced so many challenges during the pandemic that’s why I am happy that we were able to turn things around in the latter part of CY2022. We could not have done this without the persistence and collective effort of PCSO employees throughout the whole country. This is turning out to be a banner year and we do hope that this is only the start,” Cua said.
Cua added that the PCSO strives to build on its achievements to better serve the people, as he highlighted the huge role it plays in various government endeavors.
“Ang lahat ng pagsusumikap namin ay para mas mapaglingkuran namin ang ating mga kababayan. Malaki ang papel ng ahensiya bilang kasangga sa kalusugan kaya ayaw naming mabigo,” the Chairman said.
The PCSO provides various forms of assistance to Filipinos and other institutions, sourced from the charity fund which makes up 30 percent of the agency’s revenues. It is also mandated to allocate 40 percent of its net charity fund to help subsidize universal healthcare in the country.
The Governance Awards are given to GOCCs for outstanding disclosure practices and performance ratings.
The PCSO’s recognition as one of the “Most Improved GOCCs” was due to the marked rise in its Performance Scorecard ratings from 2021 to 2022.
From 56.30 percent in 2021, the agency’s score jumped by 35.73 percent to 92.03 percent in 2022.
The GCG uses its Performance Evaluation System (PES) to appraise the accomplishments of GOCCs in a given fiscal year based on a set of performance criteria, targets, and weights reported in a Performance Scorecard.
