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It's official: Rio in cash crisis
Updated On: 19 June, 2016 09:58 AM IST | | AFP
<p>Rio state authorities declared a 'state of public calamity' Friday over a major budget crisis in order to release emergency funds to finance the Olympic Games due to begin in August</p>
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Rio de Janeiro: Rio state authorities declared a 'state of public calamity' Friday over a major budget crisis in order to release emergency funds to finance the Olympic Games due to begin in August.
The decree authorises the state to "adopt all necessary emergency measures to ration essential public services in order for the Rio 2016 Olympic Games and Paralympic Games to take place."
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