Organisers of the rearranged Tokyo Olympics have announced that they will be introducing cost-cutting measures to save US $283 million as they plan to be a ‘role model’ for future Games.
In March, the Japanese government and the International Olympic Committee postponed the Games until 2021 because of the COVID-19 pandemic.
Since then, the International Olympic Committee have said they expect to pay USD $800 million in additional costs because of the delay but Japan-based organisers have been coyer with their numbers.
Members of the Tokyo 2020 organising committee made a virtual presentation to the IOC, where they laid out more than 50 ‘simplification’ measures.
These measures include cutting spending on the look of the Games venues, changes to torch relay operations and reducing non-athlete personnel coming to Tokyo.
[Source: Reuters]
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