Mongolian president Tsakhia Elbegdorj on Thursday afternoon held a welcome ceremony for the Mongolian Olympic delegation back from the 2012 London Olympic Games.
Elbegdorj congratulated Mongolian athletes' good performances during the Olympics and encouraged them to win more glory for Mongolia.
The president also promised the government will provide favorable training circumstances and material conditions of lives for them and released a presidential decree which stipulated that the Olympic medalists will be awarded a lifetime monthly bonus from the government in which every gold medalist will get 3 million tugriks( about 2,200 U.S. dollars) per month, silver and bronze medalists will receive 2 million and 1 million tugriks per month individually.
The Mongolian government had already granted the one-time cash awards for the five medalists at the London Games, and Nyambayar Tugstsogt, who grabbed the silver in Men's 52kg boxing, got 60 million tugriks (about 44,400 U.S. dollars) prize.
A total of 29 Mongolian athletes competed at the London Olympics including shooting, track and field, boxing, judo, wrestling, archery and swimming and they won 2 silvers and 3 bronzes in total, making Mongolia rank the 56th in the medal table.
