"National Treasury has informed me of the projected shortfalls for the 2010 FIFA World Cup stadiums. The total shortfall on the six new stadiums is 2.33 billion rand as of July 2009," Finance Minister Pravin Gordhan said yesterday said in a written response to a question in parliament.
Chief executive of the 2010 World Cup organising committee Danny Jordaan said in June that the new stadia were "shaping up nicely" to be ready ahead of 2010.
The South African economy has slipped into recession for the first time since 1992 following a sharp slowdown in the manufacturing and mining sectors.
