You are the news now

THE NEWS COMMENTER

VOTE  (0)  (0)

Tokyo Games won't confirm added costs reported at $3 billion

Added 11-30-20 02:03:02am EST - “Organizers of the delayed Tokyo Olympics have declined to confirm widely circulated reports in Japan that the costs of the one-year postponement will be about $3 billion.” - Washingtontimes.com

CLICK TO SHARE

Posted By TheNewsCommenter: From Washingtontimes.com: “Tokyo Games won’t confirm added costs reported at $3 billion”. Below is an excerpt from the article.

TOKYO (AP) - Organizers of the delayed Tokyo Olympics have declined to confirm widely circulated reports in Japan that the costs of the one-year postponement will be about $3 billion.

The estimates have been published in the last several days by some of Japan’s top-circulation newspapers, the national broadcaster NHK, and the Japanese news agency Kyodo. All are citing similar figures and unidentified sources close to the games.

“We are in the process of assessing the additional costs associated with the postponement of the games due to COVID-19 and therefore are not able to comment on any details at this time,” Tokyo organizers said Monday in a statement.

TOP STORIES 'The Plot Against The President': Twitter suspends account of popular conservative movie Michael Flynn: Donald Trump beat Joe Biden in a 'massive landslide' Trump says judges refuse to look at evidence of election fraud

The official cost of putting on the Tokyo Olympics is $12.6 billion. However, a government audit last year said it was probably twice that much. All but $5.6 billion is public money.

Read more...

If you don't see any comments yet, congrats! You get first comment. Be nice and have fun.

CLICK TO SHARE

BACK TO THE HOME-PAGE