5 Countries offering whopping sum of money to their Olympic medalists, one is paying GHC4.4 million

Countries of the world are competing with one another at the ongoing Tokyo Olympics and incentives are being promised to participants who coast home to victory. In a bid to motivate their representatives, many countries have promised them large amounts of money.

Yen.com.gh presents five countries offering six-figure payouts to their Olympic medalists.

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1. Singapore

Any Singaporean that brings home a gold medal gets one million Singapore dollars (GHC4,440,450.00). This is the highest payout for an individual gold medalist, according to Forbes.

A silver medalist gets 500,000 Singapore dollars (GHC2,220,240.45) and a bronze medalist receives 250,000 (GHC1,110,157.20).

2. Taiwan

An individual that brings home a gold medal receives 20 million New Taiwan dollars (GHC4,318,535.04).

3. Indonesia

Bringing home gold medal to Indonesia gives an individual 5 billion Indonesian rupiah (GHC2,092,992.00).

The best Indonesian performer in Tokyo so far is Eko Yuli Irawan. He has captured a silver in the men’s 61-kilogram division of weightlifting.

4. Bangladesh

Bangladesh, which has never won an Olympic medal, has promised to pay about $300,000 (GHC1,800,000.00) for an individual gold medalist.

Silver medalist will receive about $150,000 (GHC900,000.00) and bronze medalist will be given $100,000 (GHC600,000.00).

5. Kazakhstan

Individuals who bring home a gold medal in Kazakhstan receives $250,000 (GHC1,500,000.00) while silver a medalist gets $150,000 (GHC900,000.00)

A bronze medalist will get $75,000 (GHC450,000.00). And three Kazakhstani competitors already won bronze in weightlifting and judo.

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Nigerian athlete qualifies for final at Tokyo 2020 Olympic Games

In similar news, Chukwuebuka Enekwechi of Nigeria is through to the final of the Shot Put event at the ongoing Tokyo 2020.

Team Nigeria now has another finalist at the ongoing Tokyo Olympic Games after Enekwechi scaled through to qualify in his sport.

The 28-year-old made it to the final of the men’s Shot Put event after he launched his implement to a mark of 21.16m on Tuesday, August 3.

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