In 2024, Armenian athletes who win gold medals at the Olympic Games in Paris will receive impressive prize money. The Government of Armenia, the National Olympic Committee of Armenia, and the company Fastex have joined forces to reward the winners:
Thus, the total prize fund for Armenian Olympic champions will amount to 75 million drams, which is approximately equivalent to $200,000. This was announced by the Deputy Minister of Education, Science, Culture, and Sports, Karen Giloyan, in his interview with Armenia's First Channel.
The prize money for Armenian athletes is very substantial. For comparison, this is approximately on the level of the prize money in Italy at the Tokyo Olympics — $212,000, and slightly less than Kazakhstan — $250,000.
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