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

The Tokyo Olympics had been to be held this yr however had been postponed due to the coronavirus pandemic. (FILE)

Tokyo Games organisers estimate the cost of COVID-19 countermeasures for subsequent yr’s rearranged Olympics to be round 100 billion yen ($960 million), Kyodo News reported on Monday.

Japanese media had reported a day earlier that the full prices of delaying the Games for a yr would run to 200 billion yen. When requested to touch upon the Kyodo report, a spokesman for organisers instructed Reuters, “An announcement would be made on an interim report following talks between Tokyo 2020, Tokyo metropolitan government and the Japanese government on Wednesday.”

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The final official funds given by the organising committee in December 2019, months earlier than the Games had been postponed due to the COVID-19 pandemic, was $12.6 billion.

The International Olympic Committee have mentioned that they count on to pay $800 million in further prices from the delay however Japan-based organisers haven’t offered a particular determine. The Tokyo 2020 organising committee is anticipated to formally announce an adjusted funds earlier than the top of the yr.

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