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
RURIKA IMAHASHI and FRANCESCA REGALADO, Nikkei staff writers
October 7, 2020 22:04 JST
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.