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Sochi Olympics will cost federal budget 99 bln roubles, 144 bln will come from other sources – Putin

April 25, 2013, 16:08 UTC+3
According to Putin, the sum includes the costs of the construction of two media villages, 14 sports facilities and 22 auxiliary facilities
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MOSCOW, April 25 (Itar-Tass) – The 2014 Winter Olympics Games is Sochi will cost the Russian federal budget 99 billion roubles, while 144 billion roubles more will come from other sources, Russian President Vladimir Putin said on Thursday.

“As concerns the cost of the Olympics, 99 billion roubles will come from the federal budget, and some 144 billion roubles – from other sources,” he said during the televised question-and -answer session. According to Putin, the sum includes the costs of the construction of two media villages, 14 sports facilities and 22 auxiliary facilities.

Dmitry Morozov, a builder at Olympic construction sites in Sochi, lamented over ungrounded media criticism alleging poor construction quality and embezzlement of funds. The president noted that there was nothing new about such criticism. In his words, it was meant to the organizers rather than builders. “In general, works are proceeding in line with the schedule. All that is needed to organize the Olympic Games will be done duly in due time,” the president stressed. However, he noted that it is not yet time to slack.

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