Sporting community welcomes cash rewards for medals
The sporting community has welcomed President Abdulla Yameen’s decision to award cash prizes for medals in international sporting events. Hassan Saaid, who won a gold and a silver medal in the Indian Ocean Island Games (IOIG), will receive a prize of MVR350,000 (US$22,698).
10 Aug 2015, 9:00 AM
The sporting community has welcomed President Abdulla Yameen’s decision to award cash prizes for medals in international sporting events. Hassan Saaid, who won a gold and a silver medal in the Indian Ocean Island Games (IOIG), will receive a prize of MVR350,000 (US$22,698).
Yameen announced a new national sports reward scheme at a ceremony held to welcome all the Maldivian athletes who had participated in the IOIG. Maldives had won eight medals.
Under the new policy, MVR250,000 (US$16,212) will be awarded for all gold medalists, MVR100,000 (US$6,485) to all silver medalists and MVR20,000 (US$1,297) to all bronze medalists.
For team events, MVR35,000 (US$2,270) will be awarded for each gold medal winning team member, MVR 25,000 (US$1,621) for silver medal winning members and MVR15,000 (US$973) for bronze medal winning members.
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