Japan spends almost twice the budget for the Tokyo 2020 Olympics

The 2020 Tokyo Olympics revealed that the budget for the event was more than double the expected amount of $10.4 billion.

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The 2020 Olympic Games had to be postponed for a year due to the coronavirus pandemic. Until finally, it was officially organized on 23 Jul.-8 Aug. 2021.

until recently The organizing committee of Tokyo 2020 has revealed that The finalized tournament budget was almost twice as high as expected. which amounted to 1.42 trillion yen or 10.04 billion US dollars (about 368,800 million baht).

A woman rides her bicycle past an official Tokyo 2020 Olympic Games banner on the Tokyo metropolitan government building on April 7, 2021. (Photo by Yuki IWAMURA / AFP)

The reason for the budget escalation was due to a number of factors, including the construction of a new national stadium used for opening and closing ceremonies, the outbreak of COVID-19, the postponement of the competition. and the absence of spectators in the stadium

“In the face of unprecedented problems All parties involved have worked very hard to ensure the success of the competition. and operate safely,” Saiko Hashimoto, chairman of the organizing committee, said at a press conference.

The northern Japanese city of Sapporo is offering to host the 2030 Winter Olympics.

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