Electoral politics force 2014 cuts

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R$1.8bn earmarked for spending on the 2014 FIFA World Cup has been stripped from Brazil's 2010 Budget in line with demands by the Democrat party, which maintains that only projects with political interests will be affected by the move, writes Simon Tarmo.

Democrat leader Ronaldo Caiado said that only amendments made by the government at the final hour have been declined, mainly because they involved political point–scoring, and that all other spending previously laid out will be maintained, such that the 2014 event will not suffer any delays. Federal deputy Geraldo Magela, instigator of the rejected amendments, said the decision will affect non–core projects that should already be underway, such as training centre developments and security upgrades, but will not have an impact on the realisation of the event. About Simon TarmoA journalist from Sydney, Australia, and co–founder of industry journal Australian Sponsorship News, Simon Tarmo now lives in Belo Horizonte, Brazil. Having worked on a range of writing, research and trade projects across a number of industries including sport, entertainment and wine, he is currently focusing on business opportunities involving the 2014 World Cup and Rio 2016 in Brazil. With fluent Portuguese language skills, he has an extensive network of contacts throughout Brazil and can advise and assist foreign groups doing business in the country. More details http://simontarmo. blogspot. com/ ~ Simon Tarmo+55 31 9196 0069simon@pando. com. auhttp://simontarmo. blogspot. com/

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