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Tokyo 2020 Olympics

'Simplified' Tokyo Olympics to trim 2% off estimated $12.7bn bill

Organizers wring out $283m in savings but stick to record number of events

In September, Tokyo Olympics organizers and the International Olympic Committee agreed on 52 steps to simplify the games.   © Reuters

TOKYO -- Organizers of the Tokyo Olympics on Wednesday said their plan to "simplify" the games would cut costs by 30 billion yen ($283 million) -- about 2% of the estimated total outlays -- after the coronavirus pandemic forced a postponement to next summer.

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