Organisers of the 2016 Olympic Games held in Rio de Janeiro have had to cut almost a third of its spending due to Brazil’s struggling economy.
The country is desperate not to exceed its £2.3 billion budget for the games, as organising committee spokesperson Mario Andrada has stated that “the time for lavish spending is over,”
This should not effect the estimated 15,000 athletes participating in the games, with the large cuts mainly impacting the opening ceremony, which will now cost approximately 10 per cent of that of the London 2012 Olympic Games.
Also affected is the amount of staffing, printing materials and volunteers, with the latter being reduced from 70,000 to 60,000.
“We’re trying to see if volunteers who work in the Olympics can do the same work in the Paralympics,” added Andrada, “If we can achieve that we can save some money,”
The 2014 FIFA World cup hosted in Brazil had costed the country around £2.57 billion to run, leading to many protests from outraged citizens due to the lack of funding available for services such as hospitals and education.
With just under ten months to go until the games begin next August, Andrada has stressed that the organizing committee “cannot go a penny over budget,” as Brazil continues to plunge into recession.