2010 World Cup Tab: $1.9B
October 25th, 2006 | by: WC Bob |
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South Africa’s finance minister announced on Wednesday that his government will spend $1.9 billion on stadiums and infrastructure improvements ahead of the 2010 World Cup. That type of money is kind of hard to fathom when you have a bank account like mine, but apparently it is the amount needed to make this thing fly in South Africa. In addition to spending money to improve the nation’s transportation infrastructure, the government will hire and train an additional 10,000 police officers.
Time will tell what kind of boon or bust this will be for South Africa’s economy, but in Germany the World Cup did help the economy grow by .3 percent.
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