TOKYO (Kyodo) – The Tokyo Games Organizing Committee plans to increase the budget to 16 for the opening and closing ceremonies of the postponed Olympic and Paralympic Games. 5 billion yen ($ 159). 7 million), sources near the Games revealed on Monday.
The organizers have decided to increase the budget by another 3. 5 billion yen due to the impact of the one-year postponement of the games on the coronavirus pandemic, the sources said. The increase will be discussed at a board meeting on Tuesday.
It’s the second time organizers have increased the budget for the Tokyo Games opening and closing ceremonies, which will be held on Jan.. July in the Japanese capital should begin next summer.
The budget was increased by around 43 percent to 13 billion yen in February last year after the 9 was set. An estimate of 1 billion yen generated by Tokyo at the time of the offer would not be enough.
The Tokyo Games were expected to cost around 1. 35 trillion yen ($ 13 billion) ahead of the one-year delay, with an additional 294 billion yen in costs arising from the postponement and the countermeasures required to prevent the spread of the coronavirus.
Olympic Games, 2020 Summer Olympic Games, Tokyo, Paralympic Games, Japan
World News – GB – Organizers of Tokyo Games increase budget for Opening and Closing Ceremonies – The Mainichi
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