The Olympics and the World Cup, despite their popularity, operate on substantial expenditures, …show more content…
Chief executive of the Swiss-based NGO Terre de Hommes, Danuta Sacher, said, "Host countries pay a social price, and also a high financial price, which then has a knock-on effect in the amount of social provision that the host nation can provide" (Wilson on Sacher). Sacher estimated the total cost of the 2014 World Cup to be between $7 billion and $10.7 billion, compared to Brazil’s budget allocated for public services of around $5.6 billion and $8.5 billion. Brazil, in spite of lacking monetary funds, even overshot Sacher’s estimates and spent nearly $15 billion for the World Cup. Sacher also stated that Brazil’s World Cup spending figures roughly corresponded to the amount spent in 2013 for Brazil 's social welfare program Bolsa Familia, which supports 50 million people (Wilson). Therefore, the Brazilian government prioritized the necessities of a two-week event by corresponding a budget that benefits millions of its