- 4 Jun 2015 9:00 AM
Planning is expected to cost net 1.5 billion forints, while net 14 billion forints is budgeted for the construction and dismantling of temporary structures and flood protection infrastructure, and net 1.8 billion forints has been set aside as a reserve.
Including VAT, the items add up to about 49 billion forints, he said.
The 2016 budget bill allocates 27.3 billion forints for developments necessary to host the FINA World Aquatics Championships.
FINA announced in March that it granted the right to host the event to Budapest, and an agreement was signed in April.
The event was originally planned to be held in Guadalajara in Mexico but the city pulled out in February for financial reasons.
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