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World|opinion & analysis|April 17, 2020 / 02:41 PM
Tokyo Olympics won’t provide much economic growth for Japan

AKIPRESS.COM - IOC member John Coates, who oversees planning for next year’s Tokyo Olympics, has claimed the postponed games could help “kick start” Japan’s economy.

Japan has been devastated like many countries by the coronavirus pandemic and could be in a recession when the Olympics are to open on July 23, 2021, AP reports.

“These games are a very positive opportunity for an economic stimulus,” Coates said in a teleconference on Thursday with the Tokyo organizing committee. “These games can help kick start the economy again. These games could be the rebirth of the tourism industry.”

Coates also praised Japanese Prime Minister Shinzo Abe, calling him a “very, very smart man.” He said Abe also viewed the games next year as providing an economic stimulus.

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