Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
TOKYO (AP) — Officials say the final cost of last year's Tokyo Olympics is expected to be about $13.6 billion when the organizing committee dissolves in June. Organizing committee CEO Toshiro Muto hinted to reporters after an executive board meeting that the final cost might be a bit lower but gave no specific reason why he believes that. Organizers in December said the total costs were $1.8 billion less than the estimate of $15.4 billion they used over the last year. Olympic costs are famously difficult to track and there is debate about what are and what are not Olympic expenditures.
Copyright © 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.