Rs. 100 million proposed for Olympic gold medal winners under 2027 Budget

November 12, 2026 at 4:32 PM
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President Anura Kumara Dissanayake has proposed awarding Rs. 100 million to Sri Lankan athletes who win Olympic gold medals, as part of measures to recognise and reward sporting achievements at the international level.

Presenting the 2027 Budget in Parliament, the President announced a series of financial awards for athletes winning gold medals at major international competitions.

Under the proposal, gold medal winners will receive:

  • Olympic Games – Rs. 100 million

  • World Athletics Championships – Rs. 100 million

  • Commonwealth Games – Rs. 75 million

  • Asian Games – Rs. 50 million

  • SAARC Games – Rs. 15 million

The Government has also proposed providing corresponding financial awards to silver and bronze medal winners at these competitions, as well as athletes achieving success at other international sporting events.

The proposals form part of a broader allocation of Rs. 8,500 million for the development of the youth affairs and sports sector in 2027. (Newswire)