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Brazil unveils $11 billion in 'legacy' budget
Brazil unveils almost $11 billion in 'legacy' budget; officials say unrelated to Rio Olympics
By STEPHEN WADE
Associated Press
2014-04-17 06:01 AM

RIO DE JANEIRO (AP) -- Brazilian government officials announced Wednesday that almost $11 billion (24.1 billion Brazilian reals) will be spent on major transportation and environmental projects, which they argue are not related to holding the 2016 Rio de Janeiro Olympics.

Officials say the money in the so-called "legacy" budget would have been spent without the Olympics. Officials said 57 percent is public money with rest coming from the private sector.

This is the third budget announcement in three months with government and Olympic officials unveiling them in a stream of smaller chunks.

Brazil is bracing for protests during the upcoming World Cup, which opens in two months. The focus will be on lavish spending for sports events compared with high taxes and poor schools and hospitals.

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