---
title: "Paris 2024 Olympic Games organisers increase their budget by 10%"
description: "The Paris 2024 Olympic Games' budget will be raised by about 10% to mainly take soaring inflation into account, organisers said on Tuesday, adding that the increase would be compensated for by projected higher ticket sales."
type: "NewsArticle"
publisher: "Daily Maverick"
site: "https://www.dailymaverick.co.za"
section: "GLOBAL SPORT ECONOMICS"
author: "Reuters"
author_url: "https://www.dailymaverick.co.za/author/reuters/"
canonical_url: "https://www.dailymaverick.co.za/article/2022-11-23-olympics-paris-2024-organisers-increase-their-budget-by-10/"
published: "2022-11-23T04:00:23"
updated: "2022-11-23T02:17:12"
lang: "en-ZA"
word_count: 97
---

# Paris 2024 Olympic Games organisers increase their budget by 10%

> The Paris 2024 Olympic Games' budget will be raised by about 10% to mainly take soaring inflation into account, organisers said on Tuesday, adding that the increase would be compensated for by projected higher ticket sales.

By Reuters · Published 23 November 2022, 06:00 SAST · Updated 23 November 2022, 04:17 SAST

## Content

"In a context of high inflation, Paris 2024's budget stays under control, with a limited increase of about 10%, out of which 5% is due to inflation," said Tony Estanguet, the head of the organising committee.

With a 10% rise, the budget of the committee will reach about €4.4-billion (R78-billion).

The 2024 Olympic Games will be held from July 26-August 11 and the Paralympics from August 28-September 8.

[Phrygian caps](https://www.reutersconnect.com/all?search=all%3AL1N32A0R0&linkedFromStory=true), named after the iconic red French hats, will be the Paris 2024 Olympic and Paralympic Games mascots as organisers look to celebrate the French Revolution's spirit.