
Paris 2024 Olympics cost French state nearly €6 billion, audit reveals
Government expenditure on the organisation of the two sporting extravaganzas last summer cost 2.77 billion euros, which included 1.4 billion euros for security.
A further 3.19 billion euros were spent on work linked to infrastructure projects.
More than 35,000 members of the security forces were deployed, with the security bill including 315 million euros paid in bonuses to the police.
The Olympics ran from July 26 to August 11, while the Paralympics took place from August 28 to September 8, with organisers making the most of historic sites in central Paris, either as venues or the backdrop to the events.
The Games were widely hailed as highly successful.
The national audit body said there would be a 'heightened interest' in the figures because France is also preparing to host the 2030 Winter Olympics in the French Alps.
It is the first time actual figures for France have been announced, although the president of the national audit body, Pierre Moscovici, said in 2024 they would cost the state 'three, maybe four, five billion euros'.
Moscovici, a former French finance minister and European Union Commissioner, said after the release of the figures on Monday that 'there is really nothing to argue about'.
Until now, only the separate 4.4 billion-euro costs of the local organising committee (COJO), which represented a surplus of 76 million euros, have been made public.
That money came almost exclusively from private financing and from Solideo, the body responsible for delivering Olympic construction projects, which was in part publicly financed.
A more detailed report will be published in October as other costs are not yet known.
The audit body added that because of a lack of concrete information, the figures did not include 'the positive and negative impact the Games had on economic activity'.
It said, however, that the Games were 'indisputably a success with the public and the media'.
Moscovici said the amount of public spending for the Paris Games 'seems to be more limited than for London 2012'.
The Paris Olympics are most often compared to the Games in London, given their similar geographical setting.
Another report on the legacy of the Games will be published in 2026.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Star
2 hours ago
- The Star
Swimming - Ledecky heroics paper over rocky US campaign at world championships
FILE PHOTO: Swimming - World Aquatics Championships - Women 800m Freestyle Finals - World Aquatics Championships Arena, Singapore - August 2, 2025 Katie Ledecky of the U.S. celebrates after winning the final REUTERS/Hollie Adams/File Photo SINGAPORE (Reuters) - Katie Ledecky's sustained brilliance and a late gold-rush by her female teammates added gloss to an underwhelming campaign for Team USA at the swimming world championships in Singapore. The team's preparations were hit by a bout of gastroenteritis during a pre-meet camp in Thailand and they rallied to finish top of the medal table with nine golds, one better than rival power Australia. But three years out from the Los Angeles Olympics, where swimming will be the crowning event of the second week, alarm bells are ringing for the hosts. Luca Urlando won the only individual title for the American men in the 200 metres butterfly, an event the France's Olympic champion Leon Marchand conveniently sat out. There were no men's relay titles to boost the medal count but plenty of queries about selections and strategy from pundits and fans. Just as at last year's Paris Olympics, it was up to the women to save the team's blushes, with Ledecky underlining her greatness with another golden double in the 800m and 1500m freestyle. Gretchen Walsh's 50-100 butterfly double was another huge boost among the six individual titles won by the American women. The spoils gave the swimmers some ammunition to fire back at critics like Ryan Lochte and Michael Phelps when two of the all-time greats of U.S. men's swimming made their disappointment clear on social media. Olympic men's 1,500m freestyle champion Bobby Finke, who took bronze in Singapore, called some of the criticism "weak" and "stupid". "You're never going to win with those people," said Finke. "So I have a lot of thoughts. My brain has just been spiralling. I'm just disappointed, but I'm going to back these boys no matter what they say." Finke's passion may have been a comfort for teammates given the absence of any spirited defence from the team's management or coaches. National Team Director Greg Meehan told broadcaster NBC on day two of the championships that he was proud of the swimmers and staff for working through the gastroenteritis outbreak, and said "the overall vibe" of the team was great. Team staff otherwise closed ranks, declining to shed light into problems at the camp in Thailand or comment on the fitness of individual swimmers in Singapore. LEDECKY CARRIES THE TEAM A year after Paris, where the U.S. slumped to their lowest medal haul in the pool since the 2004 Athens Olympics, plenty of questions remain. Nine-times Olympic champion Ledecky, the most decorated women's swimmer of all time, has carried the team on her shoulders for over a decade. But she will be 31 at the LA Games and Singapore showed the competition is catching up. The American system continues to develop world-beating swimmers but, in the men's ranks at least, it is Europeans profiting from college resources and competition. Bob Bowman, former coach of Phelps, boasts quadruple Olympic champion Marchand and Romanian sprinter David Popovici in his programme at Texas University. The European pair combined to take four of the men's individual titles at Singapore. Canada's Summer McIntosh, who won four individual women's titles and challenged Ledecky for the 800 freestyle gold, will join Bowman's stable within weeks. The competition is heating up abroad as well, with Russian swimmers back in force at the world championships and winning medals under a neutral flag. Only one competed at the Paris Olympics amid geopolitical tension over the invasion of Ukraine but Russians won three golds in Singapore as the neutral collective finished fifth on the medal table. No matter the strength of the competition, great expectations will follow the U.S. all the way to Inglewood's SoFi Stadium, which is set to be the largest swimming venue in Games history in 2028. Team USA have a busy three years working out how to live up to them. (Reporting by Ian Ransom in Melbourne; Editing by Nick Mulvenney)


The Star
2 hours ago
- The Star
Mihas 2025 to strengthen halal trade
Representatives engaging in business discussions at the International Sourcing Programme (INSP) during Mihas 2024, showcasing global partnerships and trade opportunities in the halal industry. PARIS: Malaysia is set to welcome global halal industry leaders to the 21st edition of the Malaysia International Halal Showcase (Mihas 2025), taking place from Sept 17 to 20 at the Malaysia International Trade and Exhibition Centre (Mitec) in Kuala Lumpur. Hosted by the Investment, Trade and Industry Ministry (Miti) and organised by the Malaysia External Trade Development Corporation (Matrade), Mihas continues to serve as the world's largest halal trade exhibition — bringing together buyers, sellers and industry leaders from over 90 countries. This year, five French buyers from the modest fashion as well as food and beverage sectors are confirmed to participate in Mihas' flagship International Sourcing Programme (INSP). Their participation reflects the growing global recognition of halal certification as a mark of quality, traceability and ethical assurance for consumers worldwide, regardless of faith. 'Mihas is more than a trade event — it is a global platform for innovation, sustainability and quality,' said Malaysia's ambassador to France Datuk Eldeen Husaini Mohd Hashim. 'Halal is increasingly recognised worldwide as a value-based certification that ensures safety, cleanliness and integrity. 'Mihas is more than a trade event — it is a global platform for innovation, sustainability and quality,' said Eldeen Husaini. 'It is not just for Muslims — it represents a trusted system of quality control, traceability and ethical assurance for all consumers. I am delighted to see significant French participation this year, as Malaysia continues to build bridges across halal economies and open new avenues for global partnerships.' In line with current market trends, Mihas also showcases products that emphasise organic, vegan and sustainable practices, broadening its appeal to the conscious consumer segment worldwide According to the Halal Industry Master Plan (HIMP), demand for halal products is estimated at over US$3 trillion and is projected to reach US$ 5 trillion by 2030. 'Beyond Malaysia, Mihas is a strategic gateway to the wider Asean market of over 680 million people,' said Sebastien Chan Yik Sing, the newly appointed economic counsellor at the Embassy of Malaysia in Paris, succeeding Zuhaila Sedek. 'French buyers can leverage Mihas not only to source quality halal products, but also to connect with the fast-growing Asean market through Malaysia's trusted and well-established halal ecosystem.' As Malaysia assumes the Asean chairmanship in 2025, halal trade has been elevated as one of the Priority Economic Deliverables (PEDs). Mihas 2025 will reflect this emphasis through special Asean and Gulf Cooperation Council (GCC) pavilions — further connecting regional and international halal markets. In 2024, Mihas recorded RM4.3bil in sales and welcomed over 43,000 visitors. The upcoming 21st edition, themed 'Pinnacle of Halal Excellence,' aims to surpass these milestones with a sales target of RM4.5bil, featuring cutting-edge artificial intelligence (AI) tools via the Madani Digital Trade (MDT) platform to enhance real-time sourcing, matchmaking and trade connections. For more information about Mihas and participation opportunities, visit


New Straits Times
2 hours ago
- New Straits Times
Teenage kicks: McIntosh, 12-year-old Yu set to rule the pool at LA 2028
SINGAPORE: The Los Angeles Olympics are three years away, but Summer McIntosh showed at the swimming world championships why she will be one of the stars of the Games while 12-year-old Yu Zidi is shaping up to be a major threat. The United States also demonstrated that tales of their demise were exaggerated as teams embarked on the long road to the LA 2028 at the World Aquatic Championships in Singapore over the past week. Canada ended the world championships on Sunday with four gold medals, all won by the 18-year-old phenomenon McIntosh. Yet it was the one that got away that rankled with the teenager, having been forced to settle for bronze in the 800m freestyle which American great Katie Ledecky won for a seventh time. It meant that three-time Paris Olympics gold medallist McIntosh fell just short of matching Michael Phelps's feat of five individual titles at a single world championships. "I think it's just going to keep me hungry and push, and keep moving forward," said McIntosh. "Even if I were to get five golds, I would still want more. That's just my mentality." McIntosh broke three world records in a matter of days at the Canadian trials in June and then powered to gold in the 200m and 400m individual medleys, 400m freestyle and 200m butterfly in Singapore. Chinese schoolgirl Yu became the youngest medallist in world championships history, taking home a relay bronze. Racing against McIntosh, Yu narrowly missed out on an individual medal by finishing fourth in each of her events – the 400m medley, 200m butterfly and 200m medley where she touched just 0.06 seconds from a bronze medal. Already her rivals are predicting Yu will be a major force at the 2028 Olympics. Canada's Mary-Sophie Harvey, who held off Yu for bronze in the 200m medley, said: "I think going into LA we're probably going to see her a lot more." American Alex Walsh, who took silver, said Yu was "phenomenally talented at such a young age." But there are also concerns about the physical and mental toll on someone so young. "Now she's gonna have a lot of pressure," said Harvey. The United States, who will be under huge pressure to deliver in the pool at their home Games, endured a turbulent time in Singapore. Most of the squad had to battle acute gastroenteritis following a pre-competition camp in Thailand. That led to stinging criticism from Phelps and fellow Olympic swimming great Ryan Lochte, with wider concerns about the management of the team in and out of the pool. Lochte shared an image on Instagram depicting a funeral that featured a tombstone inscribed: "In loving memory of United States Swimming." "They set the bar high – until they stopped reaching for it," the inscription said, with Lochte adding the caption: "Call it a funeral or call it a fresh start. We've got 3 years." The slight did not go down well in Singapore, with three-time Olympic gold medallist Bobby Finke among the American swimmers biting back. "There's just so much stupid stuff that's getting said," said Finke. The United States set two relay world records in Singapore and topped the final medals table with nine golds, one ahead of Australia. Third were France, with Leon Marchand blowing off the post-Paris Olympics cobwebs to smash Lochte's 200m individual medley world record from 2011. The 23-year-old Marchand, the face of the Paris Games with four individual golds, also romped to victory in the 400m medley. "It's not perfect, because it's never perfect, but it's more than I expected, especially the world record in the 200m medley," he said.