Yesterday, the Hungarian Parliament passed a resolution to support the Budapest City Council, Hungarian Olympic Committee and the Hungarian Paralympic Committee in bidding for the 2024 Olympic and Paralympic Games. The Parliament resolution said the bid should focus on building as much infrastructure improvement as possible with little relation to the Olympics themselves in order to avoid projects that cannot be supported after the Games.
The resolution came about a month after the Hungarian Olympic Committee announced their decision to support the bid following the submission of letter of intent to bid. The city council followed with their own expression of support on June 23.
A feasibility study about Budapest hosting the Games found that an investment of 774 billion Hungarian forints (€2.4 billion) would yield 1.1 trillion Hungarian forints (€3.4 billion).