Tourists to spend $10 billion during Brazil World Cup

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BRASïLIA: Foreign and Brazilian tourists are expected to spend $10.4 billion during next year’s World Cup, more than the public funds invested for staging the event, the Brazilian tourism board said on Friday. “These are important resources which fuel economic sectors of all Brazilian regions, from aviation to the informal economy,” said Flavio Dino, president of state tourism board Embratur, in a statement titled “Mega-events are worth it.” He recalled that the Confederations Cup, a 15-day dry run last June for the World Cup, injected $311 million in the Brazilian economy.

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