News ID: 277517
Published: 0418 GMT November 30, 2020

COVID-19 countermeasures to cost $960m for Tokyo Olympics: Report

COVID-19 countermeasures to cost $960m for Tokyo Olympics: Report

The Olympic rings are displayed inside the National Stadium in Tokyo, Japan, on November 15, 2020.

Tokyo Games organizers estimate the cost of COVID-19 countermeasures for next year’s rearranged Olympics will run to around ¥100 billion ($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 ($1.9 billion), Reuters reported.

When asked to comment on the Kyodo report, a spokesman for organizers 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 organizing committee in December 2019, months before the Games were postponed due to the COVID-19 pandemic, was $12.6 billion.

The International Olympic Committee has said it expects to pay $800 million in additional costs from the delay but Japan-based organizers have not provided a specific figure.

The Tokyo 2020 organizing committee is expected to officially announce an adjusted budget before the end of the year.




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