Olympics: Tokyo Games total cost to be 1.42 trillion yen: source

The cost of hosting last year's Tokyo Olympics and Paralympics is now being set at 1.42 trillion yen ($10.5 billion), down 30 billion yen from the amount forecast in December, a source with knowledge of the matter said Saturday.The games' organizing committee will announce the official figure following its Tuesday board meeting, with the Tokyo metropolitan government's burden lightened by 20 billion yen following "close examination" of the costs, the source said.The organizers, the metropolitan government and the central government were to jointly shoulder the games' financial burden.In Dec…READ FULL ARTICLE