Olympic Budget is almost 5 times original sum

The video discusses the financial aspects of the Olympic and Paralympic Games, highlighting the initial budget of £9.3 billion and additional costs that could raise the total to at least £12 billion. It covers government transparency in disclosing these costs and the challenges in calculating the total expenditure due to various funding sources. The video also explores Sheffield's investment in the Olympics and public opinions on the spending, emphasizing the potential economic benefits and job creation. Despite the lack of a central information source, it is clear that the final costs will exceed the initial budget.

According to the text, what is the government's stance on the transparency of Olympic costs?

What are some of the benefits mentioned that the Olympics is expected to provide?