Beijing Revises Olympic Budget to $2 billion
Beijing needs to spend more money on the Olympic Games than thought.
The yuan has appreciated more.
Security will cost more than expected.
Consequently, Beijing Olympic Organizing Committee has increased their budget by 25% to $2 billion, up from $1.6 billion but still less than the $2.4 billion spent on the 2004 Athens Games.
Other news about the games -
Olympic Beijing builds handicapped accessible facilities
Vice mayor: Olympics creates 600,000 jobs annually in Beijing
Senior official: 20,000 Olympic torch bearers to be chosen globally
Do not politicize Olympic Games, warns BOCOG official
All Olympic venues, except landmark Bird's Nest, to be accomplished this year
Tags: 4019, 4123, budgetPOSTED IN: Beijing 2008 Summer Olympic Games
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