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Japan gov't spending on 2020 Games estimated at 1 tril. yen, 7 times original amount mainichi.jp

posted by  AkihabaraBot | 5 years, 7 months ago

This Nov. 15, 2019 photo taken from a Mainichi Shimbun helicopter shows the new National Stadium, the main venue for the 2020 Tokyo Olympics and Paralympics, in Tokyo.
(Mainichi)TOKYO -- Japan is expected to spend an estimated total of 1.06 trillion yen (roughly $9.77 billion) for the 2020 Tokyo Olympics and Paralympics, including related projects, according to a projection released by the Board of Audit of Japan on Nov. 4.
The figure, projected to be spent on 340 different projects, is seven times larger than what the state had initially agreed on, at 150 billion yen.
The board announced a preliminary calculation in October 2018 that Japan had spent an estimated 801.1 billion yen ($7.38 billion) for 286 Olympic and Paralympic projects in fiscal 2013-2017.
The Tokyo government has allocated an additional 810 billion yen for "related costs."