Budapest, September 16 (MTI) – Budapest will compete against Hamburg, Los Angeles, Paris and Rome to host the 2024 Olympic Games, the International Olympic Committee said on Wednesday.

The IOC made the announcement after the deadline for submitting host applications for the games passed at midnight on Tuesday.

The IOC said it would contribute 1.7 billion US dollars in cash and services to the organising committee for the Olympic Games 2024.

Budapest and the Hungarian Olympic Committee sent their application to host the games to the IOC in July. The bid is supported by Parliament and the government.

Source: http://mtva.hu/hu/hungary-matters

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