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Tokyo plans for 2020 Olympics game

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Tokyo Olympics unveils $16.8 billion budget, to seek more savings

Tokyo 2020 organizers unveiled on Wednesday a budget of $16.8 billion for hosting the next Summer Games and vowed to seek further savings in co-operation with the International Olympic Committee (IOC) which has been calling for them to cut costs.

At an a open meeting of a four-party working group that includes the IOC, organisers said they estimated overall costs of 1.6 to 1.8 trillion yen ($15-$16.8 billion), the first official figures they have released since winning hosting rights.

Hmmm..nice plans for the 2020 Olympics game

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