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Lee

Recovery

How many trillions will this event bring to Brazil? Will they be the only country to escape a recession?


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Nevertheless, the main worries making some specialists pay double the attention to the way that Rio 2016 is going to be organized are the memories of the Pan-American Games which took place in Rio in 2007. To begin with, the initial budget for Rio 2007 of almost R$ 600 million (approximately $ 350 million) ended up as bill of R$ 4 billion (approximately $ 2.4 billion) in the pockets of taxpayers.  Despite the risks of mismanagement, the Games is worthwhile and that the problem is not the sporting event itself.

Posted 2009-10-23T11:36:46Z
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