Tokyo Olympics organizers plan to cut expenses by $ 280 million
The organizers of the Olympic Games, Tokyo 2020, postponed to 2021 due to the outbreak of the Covid-19 pandemic, announced that the cost of the mega-sports event will be reduced by $ 280 million, by taking measures to simplify and reduce the number of employees to the ceremonial fireworks.
But the event's final cost, which was formally set in the budget prior to the pandemic at 1.3 trillion yen ($ 12 billion), remains unclear as the additional expenses caused by the postponement have not yet been announced.
"The Tokyo 2020 (committee) believes that this work will help create a model for future global events, including the upcoming (Olympic) games, amid the new normal in which we live now," the organizers said in a statement after presenting the issue to the Executive Board of the International Olympic Committee. .
They indicated that by the end of this year, they will put in place an updated budget, which includes the additional costs associated with the postponement and anti-Covid-19 measures.
Last September, the organizers revealed the broad lines of a plan to simplify the games, by canceling welcoming ceremonies for athletes, reducing the number of tickets provided to officials and members of the Games and Media Organizing Committee, and it was also decided to reduce the number of amulets and fireworks.
The Tokyo Games will be less massive than its predecessors in recent years, as the number of national missions will be reduced from 10 to 15 percent, but without affecting the number of athletes, as confirmed by the organizing committee.
The Olympiad, which was scheduled in the Japanese capital in the summer of 2020, was postponed for a year, due to the outbreak of the Covid-19 virus around the world.
The Olympic Games are scheduled to open on July 23, 2021. Organizers have repeatedly stressed that the Olympic Games will be held in one form or another and will be safe for fans and athletes alike.
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