Simon Denyer is the Japan and Korean Bureau Chief for the Washington Post. He has written many articles over the years pertaining to the region and currently he is doing just that with the Tokyo Olympics. His current article for the Washington Post talks about the bill for the Japanese citizens who could not attend the games due to CO-VID 19 protocols. Here is more on what Simon Denyer and his colleagues wrote about.
It is fair to say that the Japanese people have to bear the brunt of the bill for the Olympic Games that were held earlier this year. The conservative estimate for the games this time around is fifteen billion dollars. This is on par with the last two Olympic Games held in London and Rio de Janeiro. These games were the most expensive of their kind and Simon Denyer writes that there is no profit for these games because of the current pandemic. By keeping spectators from attending the Games this year more than eight hundred million dollars in profit was lost.
Now the government of Japan will have to ask taxpayers for more money to cover these costs. This is already on top of the Corona Virus which has already stretched incomes and economies thin. On the positive side, Simon Denyer says that the Olympics can be a good thing for Tokyo. It can help with infrastructure projects and revitalize the city after the Games are over. People still think that the Games cost too much and will be hurting the city in years to come. The last major overrun took place in Montreal in 1976. It went over budget by seven hundred and twenty percent. Simon Denyer knows it was a risk and it was a risk worth taking for Tokyo and their government.
Simon Denyer’s: Facebook Page.