19:51
22 12 2020

Tokyo Olympics disclose final budget of $15.9 billion

The coronavirus-delayed Tokyo Olympics will cost at least 1.64 trillion yen ($15.9 billion), organizers said Tuesday, unveiling a final budget swollen by the unprecedented postponement and a raft of pandemic measures.
Yayin.Az reports that the extra costs -- up 294 billion yen ($2.8 billion) from figures released a year ago -- come as officials work to build enthusiasm for the first Games postponed in peacetime.
A poll last week showed that a majority of Japanese oppose holding the Tokyo Games next year, favoring a further delay or outright cancellation of the massive event, and the latest budget could make the Tokyo Games the most expensive Summer Olympics in history.
Organizers, who have ruled out another delay and insist the Games can be held next year, defended the increased costs.
"Whether you see this budget as expensive or not depends on how you look at it," said Tokyo 2020 CEO Toshiro Muto.

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