Brazil outlines $2.3 billion in public spending for Olympics

RIO DE JANEIRO (Reuters) - Brazil's government on Tuesday issued its first estimate of public spending on projects related to Rio de Janeiro's 2016 Olympic Games, though the 5.6 billion reals (1.3 billion pounds) price tag is set to swell as more projects receive approval.

The initial estimate from Brazil's Public Olympic Authority (APO) includes spending by federal, state and municipal governments for 24 approved projects carried out through both public-private partnerships and by the government alone.