Through an executive order, Rio de Janeiro’s state governor declares state of emergency that authorizes additional funding to fulfill obligations for the 2016 Olympics.
In a released official government gazette, the state has prevented severe economic crisis in declaring state of emergency in order to honor it’s commitments to the organization of the Olympic and paralympic games.
The order is meant to open resources for more funding for the Olympics that will run from August 5-21, the order did not specify where the additional money would come from or how much would be needed.
Marco Andrada, spokesman of Rio 2016 organizing committee, said the state’s declaration will have no negative impact on the games.
For months, Brazil has been struggling recession since the 1930s. In fact, the country’s economy shrank 5.4% in the first quarter of 2016, according to government figures.
The oil-rich state of Rio de Janeiro has been continuously hitted by falling commodity prices that played a role in declaring state of emergency.
Acting governor Francisco Dornelles said in a press briefing, the money allocated through the state of emergency would go to security,mobility and healthcare.