The budget for the 2024 Olympic Games in Paris currently remains unchanged despite the coronavirus pandemic, according to the head of the organising committee.
Tony Estanguet, in a conference call Wednesday, added that his committee would not bow to external criticism to change the DNA of the Summer Games in four years' time.
"This crisis is not over and we must keep a lot of humility," Estanguet, a three-time Olympic champion for France in slalom canoe, said of the COVID-19 outbreak that has led to more than 257,000 deaths worldwide.
"What is certain is that the challenge will be enormous.
"Concretely, that means always trying to be one step ahead, to have room to manouevre to anticipate anything unforseen."
"Then there is the question of legacy. How this project is useful, how it makes it possible to revive the French economy because a few billion euros will be reinvested, jobs generated, how will we do so that the markets will benefit businesses..."
"We will also examine how we optimise other lines to save money. But today, the budget for Paris-2024 is still the same."
"It will take a little longer, but the target remains the same."
"It is the heart of the Games and I am not sure that it is the first place to start making savings."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
