With the Tokyo Olympics lower than two months away, a analysis institute has estimated that cancelling the Games and Paralympics with an eye fixed on the COVID-19 state of affairs will cost Japan round 1.81 trillion yen ($17 billion).
As per a report in Kyodo News, the Nomura Research Institute has warned of even an even bigger financial loss if a recent state of emergency is said. “Even if the games are cancelled, the economic loss will be smaller than (the damage done by) a state of emergency,” Takahide Kiuchi, government economist on the Nomura Research Institute, mentioned.
Meanwhile, International Olympic Committee (IOC) President Thomas Bach has mentioned the IOC is prepared to ship medical workers to Tokyo Olympics to cope with the COVID-19 state of affairs.
“The IOC has offered to the organising committee to have additional medical personnel…to support the medical operations and the strict implementation of COVID-19 countermeasures,” he mentioned initially of a three-day digital assembly between Japan and the IOC’s Coordination Commission.
Throwing additional mild on the state of affairs, the IOC chief had mentioned he expects over 80 % of the residents of the athletes’ village to be vaccinated for the COVID-19 virus through the course of the Games.
“We must concentrate on delivery of these safe and secure Olympic Games because the opening ceremony is only 65 days away,” he mentioned.
Earlier, a ballot by Kyodo News confirmed that 59.7 % of respondents again cancellation, although additional postponement was not listed as an choice, reported The Japan Times. The ballot discovered that 87.7 % of respondents fear that an inflow of athletes and workers members from overseas could unfold the virus.
The Tokyo Olympics is scheduled to open on July 23, whereas the Paralympics is slated to start on August 24. Tokyo is amongst 9 prefectures at present underneath a state of emergency that can final till May 31 due to a surge in infections.
