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Montevideo, September 22nd 2018 - 07:31 UTC

Rio 2016 Olympic Games budget drastically cut

Tuesday, October 6th 2015 - 10:42 UTC
Full article 24 comments
“The days of lavish spending are over,” said Andrada. “We need to be creative in the way we find these savings.” “The days of lavish spending are over,” said Andrada. “We need to be creative in the way we find these savings.”

The organisers of the Rio 2016 Olympic and Paralympic Games are making cutbacks of up to 30% to avoid going over the $3.6bn dollars budget. Rio 2016 communications director Mario Andrada said the Brazilian public would not tolerate an overspend.

 “The days of lavish spending are over,” said Andrada. “We need to be creative in the way we find these savings.”

Events across 50 Olympic and Paralympic sports featuring about 15,000 athletes will not be affected.

The organising committee's budget is privately financed, with separate budgets for stadiums and infrastructure, but the Brazilian government would have to meet the cost of any overspend.

Ticket sales have been slow with only two million of the five million available sold so far.

“People get upset about luxury and excess, we have to tighten our belts,” added Andrada.

At the Confederations Cup held in Brazil in 2013, fans protested angrily at the amount of money spent - about $4bn on staging the 2014 World Cup.

Categories: Politics, Brazil, Entertainment.

Top Comments

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  • Brasileiro

    There was no budget cut. The budget will be met in full. WITHOUT overpricing.

    Oct 06th, 2015 - 10:58 am 0
  • Briton

    But you must prove such a statement.

    Oct 06th, 2015 - 11:06 am 0
  • Captain Poppy

    This will prove to be the Olympics greatest regret in EPIC proportions. The sailors have to be disinfected after racing in the cesspool Rio is using for water sports. Brazil also though enema's is an olympic sport as well.

    Oct 06th, 2015 - 11:10 am 0
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