The coronavirus-delayed Tokyo Olympics could cost $1.9 billion more than its original budget of $13 billion, a 15 percent increase, a report said Sunday.
The Olympics organizers will formally decide the increased budget for the Games as early as mid-December after communicating with the Japanese government and the host city Tokyo, the Yomiuri Shimbun reported, citing unnamed Olympic sources.
The 2020 Games were pushed back a year as COVID-19 spread around the globe, and are now scheduled to open on July 23, 2021.
But the delay has thrown up a plethora of new costs, from rebooking venues and transport to retaining the huge organizing committee staff.
With many countries ex…
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