Inflation fuels Paris Olympics funding fears – media ...News

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The budget for the next edition of the Olympics has been affected by rising costs Funding fears have emerged for the Paris 2024 Olympic Games with its estimated budget already having risen to €4 billion ($4.01 billion), according to the AFP.  Controlling the budget was proving to be a problem before the pandemic but has not been helped by rampant inflation in recent times. Organizers had announced €400 million ($401 million) in cuts from a budget that was estimated at €3.8 billion ($3.9 billion) in September 2020 while blaming Covid-19. Last summer, however, the company that has been set up to oversee the constru

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