Japan to Suffer $1.37 Billion Loss as Tokyo Olympics Will Exclude Foreign Spectators

Japan will incur a loss of approximately $1.37 billion due to the absence of foreign spectators at the Tokyo Olympic Games. This information was reported by РИА Новости.

It was noted that such figures were provided by calculations from Japanese experts. Earlier, it was announced that in order to prevent the spread of the coronavirus, a decision had been made to hold the competitions without foreign fans.

The Tokyo Olympics are scheduled to take place this summer, from July 23 to August 8, but the logo will retain the year 2020.