• Kyodo

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The cost of hosting last year’s Tokyo Olympics and Paralympics is set to total ¥1.42 trillion ($10.5 billion), the games organizing committee said Tuesday, nearly doubling the ¥734 billion quoted in the bid file from 2013.

The final budget report for the Tokyo Games, postponed for a year from the summer of 2020 due to the COVID-19 pandemic, was presented at the organizers’ board meeting along with the games’ 800-page official report submitted to the International Olympic Committee.

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