Tokyo announce the extent of Olympic backlash as $2.8 billion is lost

After cancellation this summer due to the infamous COVID-19 outbreak, recent figures have suggested the extent of damage this may have had on the Japanese economy.

The Tokyo 2020 committee announced that the total amount of money cost due to the postponement was equal to 294 billion yen, which is around $2.8 billion.

The cost is being divided up by the many committees within the Tokyo 2020 infrastructure. These include the metropolitan government, the Japanese central government and Tokyo 2020.

As it stands, the 2020 Tokyo olympics are set to take place on July 23 - August 8 2021, a rather bizarre sight to sum up an extremely bizarre year. 

Featured Image: Twitter @Olympics