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Asharq Al-Awsat
Asharq Al-Awsat
Sport
Asharq Al-Awsat

French Authorities Chip in 111m Euros for 2024 Olympics

General view of the skyline of La Defense business district from Paris, France, October 12, 2016. REUTERS/Charles Platiau

French authorities said Friday they will increase their contribution to the 2024 Paris Olympic and Paralympic organizing committee (Cojo) by 111 million euros ($117m), AFP reported.

National and local government were heeding a request from Cojo, which said on November 21 that they needed to lift their budget estimate 10 percent from 3.98 billion euros to 4.48bn euros, partly as a result of inflation.

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