Paralympics expenditure estimated at roughly 120 bil. yen

Organizers of the 2020 Summer Games in Tokyo have estimated the overall expenditure for the Paralympics to come to roughly 120 billion yen (about $1.1 billion), a source close to the situation said Friday.The estimated figure, however, is fluid as there are areas where the spending cannot be clearly divided between the Olympics and the Paralympics for shared facilities including competition venues, the source said.Tokyo Gov. Yuriko Koike confirmed with Prime Minister Shinzo Abe in their talks Thursday that arrangements will be made for the organizing committee to foot the bill for half the …READ FULL ARTICLE