French Sports Minister Amélie Oudéa-Castéra has played down fears that inflation could lead to a rise in Paris 2024 costs ©Getty Images

France's Sports Minister Amélie Oudéa-Castéra has played down fears that inflation could lead to a rise in costs for next year's Olympic and Paralympic Games in Paris. 

National Assembly member Maxime Minot of Les Republicains claimed he was worried about "a poor consideration of inflation in the calculation of the reduction in the public contribution included in the draft budget for 2024", according to Le Monde.

The budget of Solideo, the Paris 2024 delivery works company, has already been revised twice, in July 2021 and December 2022, to take into account an increase in prices.

"We have taken into account all the inflation forecasts," said Oudéa-Castéra.

"Everything is well on board to have the most rigorous forecast possible."

Amélie Oudéa-Castéra said inflation forecasts had been taken into account when working out the Paris 2024 budget ©Getty Images
Amélie Oudéa-Castéra said inflation forecasts had been taken into account when working out the Paris 2024 budget ©Getty Images

Public funding helps finance both Solideo and the Paris 2024 Organising Committee.

The Organising Committee still has a number of contracts to award this year and during the start of 2024. 

"Risks of additional costs in current and future calls for tenders cannot be excluded, partly due to inflation," the Court of Auditors said in a report in July. 

Paris 2024 set aside €75 million (£65 million/$79 million) to cover this in December 2022, but there are fears this won't be enough.

"There is nothing at this stage to confirm this," the court said.