Countermeasures for Tokyo Olympics to cost some $960 mn

Countermeasures for Tokyo Olympics to cost some $960 million

The last official budget given by the organising committee in December 2019 was $12.6 billion

Tokyo 2020 organising committee is expected to officially announce an adjusted budget before the end of the year. Credit: Reuters Photo

Tokyo Games organisers estimate the cost of Covid-19 countermeasures for next year's rearranged Olympics will run to around 100 billion yen ($960 million), Kyodo News reported on Monday.

Japanese media had reported a day earlier that the total costs of delaying the Games for a year would run to 200 billion yen.

When asked to comment on the Kyodo report, a spokesman for organisers told Reuters an announcement would be made on an interim report following talks between Tokyo 2020, Tokyo metropolitan government and the Japanese government on Wednesday.

Also Read: Tokyo 2020 organisers estimate Games postponement cost $1.9 billion

The last official budget given by the organising committee in December 2019, months before the Games were postponed due to the Covid-19 pandemic, was $12.6 billion.

The International Olympic Committee have said they expect to pay $800 million in additional costs from the delay but Japan-based organisers have not provided a specific figure.

The Tokyo 2020 organising committee is expected to officially announce an adjusted budget before the end of the year.