International Olympic Committee praises Tokyo for frugal Olympics budget

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International Olympic Committee praises Tokyo for frugal Olympics budget

The International Olympic Committee (IOC) on Wednesday sought to deflect attention from a row over Tokyo’s planned National Stadium by praising organizers for keeping the 2020 Games budget in check. John Coates, chairman of the IOC’s Tokyo 2020 coordination commission, told reporters Tokyo had made “outstanding progress” since their last visit a year ago, pointing to cuts of $1.7 billion to projected venue costs and the recent appointment of an Olympics minister. Coates avoided wading into the public row between Tokyo’s administration and the central government over funding for the new National Stadium, the centerpiece for the 2020 Olympics and the 2019 rugby World Cup, to be hosted by Japan.

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