Cost of 2014 Commonwealth Games rises by 81 million pounds.Byline: ANI Glasgow (Scotland), Nov. 17 (ANI): The budget for the 2014 Commonwealth Games Commonwealth games, series of amateur athletic meets held among citizens of countries in the Commonwealth of Nations. Originated (1930) as the British Empire games, the series is held every four years and is patterned after the Olympic games; women have participated in Glasgow is to be increased by 81 million pounds. The organising committee for the games said funding for the event would rise to a total of 454 million pounds. The bulk of the extra cash will come from the Scottish government The Scottish Government (SG) (Scottish Gaelic: Riaghaltas na h-Alba) is the executive arm of government of Scotland. It was established in 1999 as the Scottish Executive . The city council will provide an additional nine million pounds. The Scottish government will contribute an additional 39 million pounds, plus a further 20 million pounds from a reserve fund. A total of 13 million pounds will be raised through commercial activities. Glasgow 2014 Limited, said a number of factors including legislative changes, and in particular rising broadcasting costs, had contributed to the budget increase. The Scottish government will continue to make the case for the recovery of 150 million pounds lottery funds diverted from Scotland to pay for the London Olympics. (ANI) Copyright 2009 Asian News International The Asian News International (ANI) agency provides multimedia news to China and 50 bureaus in India. It covers virtually all of South Asia since its foundation and presently claims, on its official website, to be the leading South Asia-wide news agency. (ANI) - All Rights Reserved. Provided by Syndigate.info an Albawaba.com company |
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