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Soaring Tokyo Olympics costs raising concern among public

22 8 26
12.10.2018

A new government report on expenditures for the 2020 Tokyo Olympics and Paralympics has left many wondering how much the Games will eventually end up costing.

The report has only deepened doubts among the public about the way the costs of the Summer Olympics, to be hosted by the capital, are being managed.

The report, compiled by the Board of Audit and submitted to the Diet, says a total of 286 projects claimed to be related to the Olympics have been carried out in the past five years for a total cost of 801.1 billion yen ($7.13 billion), which has been paid from the central government budget.

The figure unveiled by the board has come as a surprise since the state budget for the event is 150 billion yen. The Tokyo Organizing Committee of the Olympic and Paralympic Games last put the total cost of the event at 1.35 trillion yen.

The organizing committee and the Tokyo metropolitan government are each to shoulder about 600 billion yen in expenses, with the remaining 150 billion yen expected to be covered by the central government. This is the agreement the three organizations reached last year.

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© The Asahi Shimbun