November 29, 2016 / 6:50 AM / 9 months ago

Olympics-IOC calls on Tokyo to keep costs below $20 billion

TOKYO, Nov 29 (Reuters) - The International Olympic Committee on Tuesday called on Tokyo to keep costs for the next Summer Olympics below $20 billion as the 2020 hosts grapple with ballooning expenses.

IOC Vice President John Coates made the comment at a news conference after a meeting of a working group comprising Tokyo, the national government, Tokyo 2020 organisers and the IOC. ($1 = 111.9900 yen) (Reporting by Elaine Lies; Editing by Chris Gallagher)

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