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Brazil happy with world cup funding

The Brazilian government has rejected claims that the public cost of staging
the FIFA World Cup has impacted funding for health and education.

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In a speech to Brazil's Congress Tuesday, Sports Minister Aldo Rebelo said his
portfolio's annual budget, which includes World Cup projects, is less than one
percent of that for health and education, reports Xinhua.

"There are those who compare investments in the World Cup with health and
education as if there has been a misuse of resources. This argument does not
have any weight," Rebelo said, whose comments coincide with simmering anger in
Brazil at the huge cost of staging the June 12-July 13 tournament.

Anti-government rallies that began during last June's Confederations Cup are
expected to regain momentum during the World Cup.

Protestors have expressed dismay that billions of dollars are being spent on
football stadiums instead of improvements to Brazil's precarious public
services like hospitals, schools and transport.

But Rebelo denied the cost of the tournament was being borne by taxpayers.

"The World Cup is basically a private sector project. The government offered
loans of up to 400 million reais for stadia. But even so, some stadium
constructors did not seek a loan. Brasilia didn't, Parana Curitiba took less
than half as did Porto Alegre," he said.

Infrastructure projects, many of which will not be ready until after the
tournament due to severe construction delays, also include investments in new
airport terminals, roads, hotels, telecommunications and public transport.

"We are creating infrastructure not only for the World Cup but for Brazil,"
Rebelo added.

Source : business-standard.com
Tags   :  World cup, brazil, 2014, minister

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