FIA sheds light on ‘unsustainable’ deficit dismissed by Todt ...Middle East

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The FIA has released new information about its difficult financial situation in response to former president Jean Todt’s suggestion that the severity of the governing body’s deficit has been overstated. A year ago, current president Mohammed Ben Sulayem revealed that among his priorities in taking office was tackling a $20 million deficit inherited from the FIA’s previous administration. "There was a financial issue that we didn't know about," he said at the time. "We had a deficit, even before the pandemic, but I'm pleased to have cleared that." But this week, in an interview published in French daily L’Equipe, Todt criticized Ben Sulayem’s negative portrayal of the institution’s fiscal sit

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Last updated : 15 Dec 2023 clock 07:21 PM

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FIA sheds light on ‘unsustainable’ deficit dismissed by Todt ...Middle East

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