TOKYO (Reuters) - Japan plans to slash construction costs for a new national stadium, the centrepiece of the Tokyo 2020 Olympics by a third from the previous estimate of $2.1 billion, several ruling party lawmakers and senior government officials said on Thursday.
The government plans to put a cap for the stadium's construction costs at around 160 billion yen ($1.3 billion), compared with the previous plan, scrapped in July amid public anger over sky-rocketing costs, of spending 252 billion yen.
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