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IOC hails Tokyo's frugal budget

Vice President of the International Olympic Committee John Coates answers questions in Tokyo on July 1, 2015The International Olympic Committee (IOC) on Wednesday sought to deflect attention from a row over Tokyo’s planned National Stadium by praising organisers 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. Tokyo’s budget compared favourably, Coates insisted, with previous Olympics.

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