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What could 2020 Tokyo Games postponement cost Japan?

Shortpedia

Content Team

The decision to postpone the Olympic Games by a year is likely to hit Japan's economy, which has already suffered due to the coronavirus outbreak. But how much financial hit will the country suffer after postponing the Tokyo Olympics 2020 to 2021? At the end of 2019, the organisers of the Games had estimated a total cost to be around 1.35 trillion Japanese Yen and undoubtedly it's a huge amount.