Shinzo Abe John Coates Japan city Tokyo pandemic economy crisis Coronavirus Shinzo Abe John Coates Japan city Tokyo

2012 Olympics won't provide much economic stimulus for Japan

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TOKYO – IOC member John Coates, who oversees planing for next year's Tokyo Olympics, has claimed the postponed games could help “kick start” Japan’s economy.

Japan has been devastated like many countries by the coronavirus pandemic and could be in a recession when the Olympics are to open on July 23, 2021. “These games are a very positive opportunity for an economic stimulus," Coates said in a teleconference on Thursday with the Tokyo organizing committee. “These games can help kick start the economy again.

These games could be the rebirth of the tourism industry." Coates also praised Japanese Prime Minister Shinzo Abe, calling him a “very, very smart man.” He said Abe also viewed the games next year as providing an economic stimulus.

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Drug trafficker ‘Abba’ killed in shootout with STF
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