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IOC calls on Tokyo to keep costs below $20 billion

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A woman is silhouetted against a monitor showing Tokyo 2020 Olympics and Paralympics emblems during the Olympic and Paralympic flag-raising ceremony at Tokyo Metropolitan Government Building in Tokyo, Japan, September 21, 2016. REUTERS/Toru Hanai
A woman is silhouetted against a monitor showing Tokyo 2020 Olympics and Paralympics emblems during the Olympic and Paralympic flag-raising ceremony at Tokyo Metropolitan Government Building in Tokyo, Japan, September 21, 2016. REUTERS/Toru Hanai

TOKYO (Reuters) - The International Olympic Committee on Tuesday called on Tokyo to keep costs for the next Summer Olympics below $20 billion as the 2020 hosts grapple with ballooning expenses.

IOC Vice President John Coates made the comment at a news conference after a meeting of a working group comprising Tokyo, the national government, Tokyo 2020 organisers and the IOC.

($1 = 111.9900 yen)

(Reporting by Elaine Lies; Editing by Chris Gallagher)


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