TAIPEI (The China Put up) — The money bonus awarded by the Taiwanese authorities to Olympic medalists is the third most good-looking worldwide, in response to NOWnews media.
Based mostly on the Rules on the Issuance of Guoguang Athletic Medals and Scholarships (國光體育獎章及獎助學金頒發辦法), Taiwan Olympic gold, silver, and bronze medalists must be rewarded NT$20 million, NT$7 million, and NT$5 million, respectively.
Medalists competing in Inventive Gymnastics, Athletics, and Swimming are to earn an additional 50% bonus moreover.
Moreover, the Rules additionally apply to athletes which are unable to acquire a medal however rank above eighth place.
Athletes who safe forth place are to obtain a bonus of NT$3 million; NT$1.5 million for attaining the fifth and sixth place, and NT$900,000 for the seventh and eighth place.
NOWnews reported that Taiwan is barely preceded by Singapore and Indonesia and succeeded by Kazakhstan and Azerbaijan when it comes to the financial quantity of medal bonus.
The report exemplified that the Olympic gold medal bonus of the 5 international locations, Singapore, Indonesia, Taiwan, Kazakhstan, and Azerbaijan, are equal to NT$28 million, NT$20.88 million, NT$20 million, NT$7 million, and NT$6.95 million, respectively.
Taiwan at present ranks twenty second within the Olympic Medal Rely after Yang Yung-wei (楊勇緯) claimed one silver in Judo and Lo Chia-ling (羅嘉翎) defended a bronze in Taekwondo.