Economics of the World Cup The economics of the FIFA World Cup can be explained by how the tournament creates, distributes, and consumes income and wealth among nations and people. Sport is the largest business in the world, with football being one of the largest global sporting events, involving billions of dollars in investment, revenue, employment, tourism, infrastructure, and commercial activity. However, it also imposes significant costs, risks, and opportunity costs on host countries. The World Cup has two major impacts: economic and social. The economic impact is the direct and indirect financial gain from event-related expenditure and global tourism, while the social impact is the monetary value of non-financial changes, including both benefits and negatives. Research estimates that 9.5 million people will attend the 2026 World Cup, generating $13.9 billion in event-related expenditure. The tournament will produce $80.1 billion in gross output, $40.9 billion in gross domest...
Nepal’s current budget (FY 2083/84 / 2026–27) is a sizable and reform-focused budget, with a total expenditure of approximately Rs. 2.124 trillion. Of the overall budget, recurrent expenditure constitutes approximately 59.8%, capital expenditure accounts for 20.3%, and debt servicing/financial management makes up 19.9%. It highlights economic reform, growth of the private sector, infrastructure development, digital transformation, and enhancement of governance. Significant recurring costs, debt responsibilities, and a substantial proportion of non-development expenditures indicate that a major share of resources is allocated to government operations and fulfilling obligations instead of establishing new productive assets. The broader scope and key characteristics of Nepal’s Current Budget can be described as a substantial budget where the government has established ambitious objectives like enhanced economic growth and investment-driven expansion on a modest basis. Nonetheless, the po...