Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2026

Daily Sabah - Latest & Breaking News from Turkey | Istanbul

  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV
  • Sports
  • Football
  • Basketball
  • Motorsports
  • Tennis

Organizers revise downward pandemic-hit Tokyo Olympics' costs

by French Press Agency - AFP

TOKYO Dec 22, 2021 - 3:38 pm GMT+3
The Tokyo 2020 logo is seen outside of the Games Village, Tokyo, Japan, June 20, 2021. (AP Photo)
The Tokyo 2020 logo is seen outside of the Games Village, Tokyo, Japan, June 20, 2021. (AP Photo)
by French Press Agency - AFP Dec 22, 2021 3:38 pm

The estimated cost of the COVID-19 postponed Tokyo 2020 Olympics was revised downward by the organizers on Wednesday.

The figure, however, was still nearly double the budget proposed in the city's original 2013 bid.

Despite losing out on ticket sales due to a near-total ban on spectators, organizers said they had saved cash by simplifying events and avoiding the cost of hosting millions of fans.

The event went ahead this summer under strict coronavirus countermeasures after a historic pandemic delay of one year.

Tokyo 2020's final pre-Games budget, released in December last year, stood at 1.64 trillion yen ($14.3 billion at today's rates) as costs ballooned because of the postponement.

But on Wednesday, the organizers trimmed this figure to 1.45 trillion yen ($12.7 billion), saying no extra bills would be sent to either the national or Tokyo city governments.

It was still around twice the 734 billion yen the Japanese committee said the Games would cost when it presented its bid to the International Olympic Committee (IOC) in 2013.

Tokyo experienced its worst-yet COVID-19 surge in the summer as the Olympics approached, fuelling fears the event could worsen outbreaks in Japan and possibly the world.

But in the end, the Olympics and Paralympics delighted many home fans with Japanese athletes claiming 58 medals including 27 golds – the most successful Games for any Japanese delegation.

Spectators were banned from almost all events, however, and organizers said Wednesday they had missed out on roughly 90 billion yen in ticket sales.

  • shortlink copied
  • Last Update: Dec 22, 2021 6:02 pm
    KEYWORDS
    tokyo 2020 olympics tokyo olympics covid-19 covid-19 pandemic
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Türkiye's electric armored carrier E-ZPT completes qualification tests
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • DS TV
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021