The Tokyo 2020 Olympic and Paralympic organizing committee and the Tokyo metropolitan government released a second budget plan Friday saying the estimated cost of hosting the games has been reduced to 1.35 trillion yen ($11.9 billion).The two parties have agreed to cut 35 billion yen ($309 million) from the amount agreed in May, with the organizing committee and the Tokyo metropolitan government each contributing 600 billion yen and the central government's burden being 150 billion yen.While a combined 65 billion yen was slashed between transport costs and construction costs for temporary f…READ FULL ARTICLE
