Monday, 19 July 2010

Y O G. Profit or Loss?

Some time back, I saw this article on-line saying the Y-O-G budget triples from an original $104 millions to approximately $387 millions.

THEY say "benefits will still continue to outweigh the increased cost" in the following ways:
  • $260 million worth of contracts,
  • $57 million boom in tourism receipts from 40,000 visitors
  • $86 million international media value from a global audience of 1.5 billion
therefore the estimated benefit is around $403 millions but.....

Is there total transparency to properly audit all these expenditure vs benefit to let us see the real picture??

07-July-2010 (@ST On-line)

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