And another $12.5 million will have to be raised privately in the next two years, he said.
But of course we'll be told that such issues were raised privately by the French leader.
About $10 million of the privately raised money may be spent directly on the Presidential campaign.
Financing for the center, which will cost about $10 million, is being raised privately.
The monument would cost $2 million, to be raised privately.
However, all funds for the construction of the museum had to be raised privately.
The money to build it was raised privately by the issue of shares in the company.
It is being run on a budget of $180,000 raised privately through donations.
This year funds are being raised privately to hire a coach.
"And 86 percent of that $1.4 billion is raised privately," he adds.