Post a Comment Print Share on Facebook
Featured France win World Cup Cristiano Ronaldo Enfield Council Brexit ‘safe spaces
banner11
banner6

reads.

Brazil to spend $2.3 bln for Olympics projects

The initial estimate from Brazil's Public Olympic Authority includes spending by federal, state and municipal governments for projects carried out through both public-private partnerships and by the government alone.

The total estimate, which is due to be revised in March, does not include projects such as airports, which are not dedicated exclusively to holding the Olympics.

Last week officials said the operating budget for the Olympics and Paralympic Games in 2016 had jumped 27 percent from prior estimates to 7 billion reais, citing factors such as inflation and costs for new technology.

A quarter of the operating budget was originally supposed to come from government sources but officials said they would no longer take public money.

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.