Israel increases budget for 2016 Rio Olympics

March 30, 2015 22:49


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

The outgoing government approved on Sunday an additional NIS 15 million towards Israel’s preparations for next year’s Olympic Games in Rio de Janeiro.

A few days before she officially retires from politics, Minister of Culture and Sport Limor Livnat lobbied to increase the overall budget for the preparations for Rio 2016 to a total of NIS 30.5 million over 2015 and 2016.

“This is one of my final decisions as Sports Minister,” said Livnat. “This increase is supposed to help more Israeli athletes to reach the Olympics and significantly increase Israel’s chances of winning medals at Rio 2016.”

The monthly stipend received by Israel’s Olympic hopefuls will be increased by a total of NIS 1.5 million thanks to the additional funding, while NIS 2.1 million will go towards training more coaches and NIS 3.9 million will be used to send athletes to more competitions abroad.

Related Content

Breaking news
July 19, 2018
White House rejects Putin proposal to interview U.S. citizens