Chief Operations Officer of Rio 2016 Organizing Committee Leonardo Gryner attends a press conference in Rio de Janeiro, Brazil, Jan. 23, 2014. Rio 2016 Olympic and Paralympic Games Organizing Committee announced here on Thursday the budget for 2016 Olympic and Paralympic Games is 7 billion Brazilian Reais (about 2.914 billion U.S. dollars). (Xinhua/Xu Zijian)

Officials of Rio 2016 Organizing Committee attend a press conference in Rio de Janeiro, Brazil, Jan. 23, 2014. Rio 2016 Olympic and Paralympic Games Organizing Committee announced here on Thursday the budget for 2016 Olympic and Paralympic Games is 7 billion Brazilian Reais (about 2.914 billion U.S. dollars). (Xinhua/Xu Zijian)