Currency Converter

Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).


SBD Global/October 1, 2013/Finance

Argentina's 'Football For All' Program To Receive $243,500 From Argentine Government In '14

The Argentine government's '14 budget will assign 1.4M Argentine pesos ($243,500) to the country's "Fútbol para Todos" ("Football for All") program, which provides free TV viewing of football matches to Argentine citizens. In five years, "the government's contribution has increased 135%." By the end of '13, 6.1M Argentine pesos ($1.05M) will "have been spent on the program." When the Argentine Senate approves its budget for '14, Fútbol para Todos "will cost the government" nearly 4M Argentine pesos per day. Nevertheless, "over the five years since the program was created, the economy of the top football clubs did not improve." In each of the previous years, the Argentine FA received more than the government had announced it would contribute. In '10, in addition to the 648M Argentine pesos agreed, the AFA received an additional 205M Argentine pesos. The "generous influx continued." In addition to the 690M Argentine pesos for '11, the government added an extra 189M Argentine pesos. In '12, 698M Argentine pesos were designated, but "after two extra games, the contribution totaled" 1.2M Argentine pesos (CLARIN, 9/30).
Return to top

Related Topics:

South America, Finance

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug