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Page 6 - Mayor Katsuhiro Akimoto News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Audit finds Tokyo Olympic costs 20 per cent higher than announced

It should set up a system that allows full disclosure to contribute to the peoples understanding about the hosting and execution of the event. Last year, organizers used a rate of 109 yen to the dollar to list the official cost, putting 1.42 trillion yen at USD 13 billion.

Audit finds Tokyo Olympic costs 20% higher than announced

The cost of the delayed 2020 Tokyo Olympics is 20% higher than organizers said when they announced officials figures more than a year ago, according to a report by the Board of Audit of Japan.

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