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Official costs of Tokyo Olympics up by 22% to $15.4 billion

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TOKYO – The official cost of the postponed Tokyo Olympics has increased by 22%, the local organizing committee said Tuesday in unveiling its new budget.In an on-line news conference, organizers said the Olympics will now cost $15.4 billion to stage.

This is up from $12.6 billion in last year’s budget. The added $2.8 billion is the cost of the one-year delay. Added expenses come from renegotiating contracts and measures to combat the COVID-19 pandemic.

The Olympics are to open on July 23, 2021. The Paralympics follow on Aug. 24. Audits by the Japanese government over the last several years, however, show the costs are higher than officially stated and are at least $25 billion.

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Deaths: 608 235
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United Kingdom
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Russia
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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