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Tokyo 2020 Olympics

Tokyo Olympics delay to cost almost $2bn, before COVID safeguards

Organizing committee shaves expenses for planned 2021 Games

Visitors pose for photos at the Japan Olympic Museum in Tokyo: Delaying the Tokyo Games has resulted in large additional expenses tied to labor and venues.   © Reuters

TOKYO -- The one-year delay of the Tokyo Olympic and Paralympic games to summer 2021 is expected to cost 200 billion yen ($1.92 billion), estimates by the organizing committee show.

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