Sydney Archdiocese: Cost of World Youth Day increases 50 percent

Published: 2008-03-10

SYDNEY, Australia (CNS) -- The estimated cost of staging World Youth Day in Sydney has increased by 50 percent to $150 million (US$137.5 million), said a briefing paper circulated to local priests by the Sydney Archdiocese. However, the paper quoted a Sydney Chamber of Commerce report that World Youth Day will deliver long-term economic benefits in excess of $230 million (US$210 million). The briefing paper was released in early March. The briefing paper said that in addition to the immediate economic benefit from tourism and commerce World Youth Day -- scheduled for July 15-20 -- would showcase Sydney and Australia and contribute to tourism and industry for decades to come. "Almost all our leaders -- of whatever religious and political affiliation -- also recognize that beyond the hugely positive economic impact, there is great social value in offering young people spiritual values and ideals, hope and reason to celebrate," it said. The briefing paper said almost half the costs would be covered by pilgrim fees. The rest would be made up by federal grants, the church, donors, business partners and sponsors.

Copyright (c) 2008 Catholic News Service /U.S. Conference of Catholic Bishops. The CNS news report may not be published, broadcast, rewritten or otherwise distributed, including but not limited to such means as framing or any other digital copying or distribution method, in whole or in part without the prior written authority of Catholic News Service .