Cost of Tokyo Olympic delay put at about $2 billion ...Middle East

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Cost of Tokyo Olympic delay put at about $2 billion
The cost of the one-year postponement of the Tokyo Olympics is estimated to be just under $2 billion. Japan’s Kyodo news agency and the Yomiuri newspaper both reported the figure Sunday, citing unnamed sources close to games organizers. The reported cost of the delay because of the COVID-19 pandemic is in line with repeated estimates over the past several months. The organizers, the Tokyo metro government and the Japanese national government are expected to report next month how the costs will be shared. The International Olympic Committee has said it would chip in about $650 million to cover some of the costs of the delay, but has offered few public details. Tokyo is becoming very expensiv

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