The Australian state of Victoria has pulled out of hosting the 2026 Commonwealth Games due to a huge increase in the estimated cost of organizing the multi-sport event. Victoria Premier Daniel Andrews said last year that his government had agreed to host the next edition of the event in four years ‘but not at any cost’.
He said his government had initially budgeted 2.6 billion Australian dollars ($1.8 billion) to host the Games in five regional cities, but recent estimates put the potential cost at up to 7 billion Australian dollars ($4.8 billion). Has been.
More details will follow.