Delayed Tokyo 2020 Olympics cost double original estimate

The final price tag for last year's Tokyo Olympics was more than double the city's original 2013 estimate after a one-year coronavirus postponement added to the already hefty bill.

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(FILE) The celebration cauldron is seen lit on the first day of the Tokyo 2020 Olympic torch relay in Naraha, Fukushima prefecture on March 25, 2021.-- Photo: Kim Kyung-Hoon / AFP

2022-06-22 14:14:42

The final price tag for last year's Tokyo Olympics was more than double the city's original 2013 estimate after a one-year coronavirus postponement added to the already hefty bill.

The organising committee said Tuesday the Games had cost 1.42 trillion yen, the equivalent of $13 billion at the time. At today's rates, with the yen at a 24-year low against the dollar, the figure would be $10.4 billion.

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