Beijing revises Olympics budget up to $2 bln

Source: Xinhuanet | 10-19-2007 15:13

BEIJING, Oct. 19 (Xinhua) -- The appreciation of Yuan and the heightened tasks in security management have driven up Beijing's Olympics budget from 1.6 billion U.S. dollars to 2 billion U.S. dollars, Liu Jingmin, executive vice president of the Beijing Organizing Committee for the 2008 Olympic Games, said here on Friday.

The figure still stays short of the 2.4-billion-USD budget for the Athens Olympics in 2004, he noted, adding that the committee would make a second revision of the budget in line with needs.

Editor:Zhang Ning