Brazil’s Olympic Costs Up Another $100 Million on Electric Bills
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The price-tag for staging the 2016 Olympic Games in Rio de Janeiro has risen another $100 million, reflecting the cost of electricity generation, according to details announced by the organizing committee.
The event’s estimated costs have reached 39.07 billion reais ($9.8 billion), Globo newspaper said on Saturday. Security at Olympic sites, to be provided by the federal government, is still excluded from the total figure and would raise public costs even further, the paper said.