International Olympic Committee (IOC) Vice President and Chairman of the Coordination Commission for the Tokyo 2020 Games John Coates attends a news conference in Tokyo, Japan, December 2, 2016. REUTERS/Kim Kyung-Hoon
TOKYO (Reuters) - International Olympic Committee (IOC) Vice President John Coates praised efforts by Tokyo organisers to lower the budget for the 2020 Summer Games, saying cost control was important for attracting future bid cities.
Figures released last month showed organisers had trimmed budget estimates to 1.685 trillion yen (£12 billion) including contingencies, from 1.8 trillion yen in their initial budget unveiled in December.
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