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Olympics: Cost to host Paris Games keeps escalating

# Olympics: The cost to host this year’s Games in Paris keeps escalating, with auditors expecting the total to be between 60- and 100-billion-rand. They estimated an amount of around 60-billion-rand at the start of last year after initial estimates stood at 49-billion. eNCA reports a 2020 study by the University of Oxford found every Summer Games since 1960 exceeded its budget two to three times, with Montreal and Rio de Janeiro left nearly bankrupt after hosting the Games in 1976 and 2016, respectively.