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Terrorism Threat Pushes Tokyo 2020 Olympics Six Times Over Budget

© AP Photo / Eugene HoshikoThe poster with a logo of Tokyo Olympic Games 2020 is removed from the wall by a worker during an event staged for photographers at the Tokyo Metropolitan Government building in Tokyo Tuesday, Sept. 1, 2015
The poster with a logo of Tokyo Olympic Games 2020 is removed from the wall by a worker during an event staged for photographers at the Tokyo Metropolitan Government building in Tokyo Tuesday, Sept. 1, 2015 - Sputnik International
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Tokyo will spend six times more on the 2020 Olympic Games than originally planned, local media reported Friday, citing informed sources.

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TOKYO (Sputnik) The games are now expected to cost some $15 billion due to the high cost of the anti-terrorism measures stipulated by the Japanese authorities, the Kyodo news agency said.

Tokyo is expected to take in just over $3 billion in revenue during the 2020 Olympics, something that may force the Japanese government to find ways to cut spending.

Tokyo was chosen to host the 2020 Olympics at the 125th session of the International Olympic Committee (IOC) in 2013. The games are to be held from July 24 to August 9, 2020, followed by the Paralympic Games running from August 25 to September 6.

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