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Brazil Increases Rio 2016 Olympic Budget: Daily

By William Jones, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Officials in Brazil have revealed that the infrastructure budget for the Rio de Janeiro Olympics in 2016 will be R$24.1 billion (US$10.76 billion). The figure is a lot more than first expected but is being viewed as a statement of intent to prepare the city, without the delays that the 2014 World Cup is currently experiencing.

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