Brazilian filmmaker Fernando Meirelles estimates that the production
in Rio will cost a tenth of the fee paid for the opening and closing
ceremonies at London 2012.
London reportedly spent around £80 million on a total of four
ceremonies, but due to a recession, Rio will not be spending anywhere
near that figure.
"I would be ashamed to waste what London spent in a country where we
need sanitation; where education needs money," Meirelles told reporters.
"So I'm very glad we're not spending money like crazy."
Rio will be spending around 39 billion reals ($10 billion) on staging the Games, which is both private and public money.
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