King Salman orders extension of Citizen's Account Program and additional support for a full year    Al-Falih: 1,238 foreign investors obtain premium residency in Saudi Arabia    Irish PM apologizes for walking away from care worker    Several dead as Storm Bert wreaks havoc across Britain    Most decorated Australian Olympian McKeon retires    Adele doesn't know when she'll perform again after tearful Vegas goodbye    'Pregnant' for 15 months: Inside the 'miracle' pregnancy scam    Ukraine losing ground in Russia's Kursk region, says military source    Hezbollah fires rocket barrages into Israel after deadly Beirut strikes    Al Ittihad claims top spot in Saudi Pro League after victory over Al Fateh    Do cigarettes belong in a museum?    Saudi Arabia allows licensed flour milling companies to export flour    Saudi Arabia joins international partnership initiative to boost hydrogen economy    With 25 million monthly active users, Snap Inc. expands presence in Saudi Arabia to serve thriving community of creators, partners and clients    Riyadh Emir inaugurates International Conference on Conjoined Twins in Riyadh    Saudi delegation participates in the 7th U20 Deans Summit in Brazil    Saudi Arabia to host 28th Annual World Investment Conference in Riyadh    Al Khaleej stuns Al Hilal with 3-2 victory, ending 57-match unbeaten run    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Bach expresses 'full confidence' in Rio Olympics
Published in The Saudi Gazette on 23 - 01 - 2014

BRASILIA — IOC President Thomas Bach met Tuesday with Brazilian President Dilma Rousseff and said he feels "very confident" in the preparations for the 2016 Olympics in Rio de Janeiro.
But Bach acknowledged once again that Brazil has no time to lose and must speed up work for the first Olympics in South America.
Rio's preparations have been plagued by delays, the late approval of an operating budget and concerns about water pollution in Olympic venues for sailing, canoeing, rowing, and distance swimming.
IOC members have talked openly about their worries and have constantly urged Rio organizers to move faster.
"We are very confident," Bach said after talks with Rousseff in Brasilia. "We've seen great progress in the last couple of months. The organizing committee has worked extremely well. But on the other hand, the president (Rousseff) also made it clear that time is key and we don't have any day to lose."
Bach is making his first visit to Brazil since being elected president of the International Olympic Committee in September.
"I came here in full confidence that these Olympic Games will be exciting and brilliant Olympic Games," Bach said. "After this meeting I can inform you that my confidence is even stronger now because I'm really greatly impressed by the strong commitment of the president to these games and by the leadership she's showing."
The German was upbeat after meeting with Rousseff and said the Olympics would make Rio an even better city.
"I'm sure that after these Olympic Games the people of Rio and the people of Brazil will say — like for instance the people of Barcelona or the people of Munich — there is a Rio de Janeiro before the Olympic Games, and there is an even better city — if in Rio de Janeiro's case that is possible — there is an even better city after the Olympic Games."
After a long delay, Rio organizers are expected in the next few days to announce an operating budget. The original bid document listed the operating budget at $2.8 billion. Bid cities usually underestimate the costs, and observers expect the Rio operating budget to grow.
The operating budget is to run the games themselves. About $11 billion more in public and private money will be spent on games-related projects, costs reflected in a separate capital budget.
"I can assure you this will be a very reasonable operational budget," Bach said. "The organizing committee is working very hard to respect the budget limitations and to make it really reasonable."
Bach is to meet Wednesday in Rio with organizers and government officials.
Disagreements over the budget have gone on for months, with national, state and local governments debating who pays what. This is also an election year with Rousseff facing voters in October.
Public spending on the World Cup and Olympics has become sensitive since protests last year during the Confederations Cup. Many Brazilians ask why billions are spent on two mega sports events when the country lacks good schools and hospitals.
Rio's chief operating officer, Leo Gryner, said in August that $700 million in public money would be needed to balance the operating budget. Since then, chief executive officer Sidney Levy, who took over a year ago, said the $700 million would not be needed with some new income expected from local sponsorships.


Clic here to read the story from its source.