Olympics-COVID-19 countermeasures to cost some $960 million: Kyodo

Hamakyorex Co

30/11/2020 04:29

TOKYO, Nov 30 (Reuters) - Tokyo Games organisers estimate
the cost of COVID-19 countermeasures for next year's rearranged
Olympics will run to around 100 billion yen ($960 million),
Kyodo News reported on Monday.
    Japanese media had reported a day earlier that the total
costs of delaying the Games for a year would run to 200 billion
yen.  urn:newsml:reuters.com:*:nL1N2IF03N
    When asked to comment on the Kyodo report, a spokesman for
organisers told Reuters an announcement would be made on an
interim report following talks between Tokyo 2020, Tokyo
metropolitan government and the Japanese government on
Wednesday.
    The last official budget given by the organising committee
in December 2019, months before the Games were postponed due to
the COVID-19 pandemic, was $12.6 billion.
    The International Olympic Committee have said they expect to
pay $800 million in additional costs from the delay but
Japan-based organisers have not provided a specific figure.
    The Tokyo 2020 organising committee is expected to
officially announce an adjusted budget before the end of the
year.  


 (Reporting by Jack Tarrant; Editing by Peter Rutherford
)
 ((jack.tarrant@thomsonreuters.com;))