October 6, 2015 7:07 AM

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Rio 2016 Olympic budget cut by upto 30% to avoid overspend

The organisers of the Rio 2016 Olympic and Paralympic Games are making cutbacks of up to 30 per cent to avoid going over the 3.6 billion US dollars budget. Rio 2016 Communications Director Mario Andrada said the Brazilian public would not tolerate an overspend. Events across 50 Olympic and Paralympic sports featuring about 15,000 athletes will not be affected.

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