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Tokyo Olympics: yet another scandal over sexist comments
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Tokyo Olympics: yet another scandal over sexist comments
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23rd Dec 2020 1:25 PM The official cost of the postponed Tokyo Olympics has increased by 22 per cent, the local organising committee said in unveiling its new budget overnight. In an online news conference, organisers said the Olympics will cost $A20.4 billion to stage. This is up from $A16.7 billion in last year s budget. The added $A3.7 billion is the cost of the one-year delay. Expenses come from renegotiating contracts and measures to combat the COVID-19 pandemic. The Olympics are to open on July 23. The Paralympics follow on August 24. Audits by the Japanese government over the last several years, however, show the costs are higher than officially stated and are at least $A33 billion.
Tokyo Olympics costs up by 22pc to USD15 4 billion » Borneo Bulletin Online
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Yoshiro Mori, the president of the Tokyo 2020 organizing committee, speaks during the opening remarks session of the Tokyo2020 Olympics Executive Board Meeting on Dec. 22 in Tokyo. Honorary President Fujio Mitarai is at right. (Pool Photo via AP)
The official cost of the postponed Tokyo Olympics has increased by 22%, the local organizing committee said in unveiling its new budget on Tuesday.
In an online news conference, organizers said the Olympics will cost 1.64 trillion yen ($15.4 billion) to stage. This is up from $12.6 billion in last year’s budget.
The added $2.8 billion is the cost of the one-year delay. Expenses come from renegotiating contracts and measures to combat the COVID-19 pandemic.