Posted 9/24/2023, 8:32:00 AM
Osaka World Expo 2025 Costs Soar to ¥230 Billion Due to Ukraine War and Weak Yen
- Cost of 2025 Osaka-Kansai World Expo to be raised to ¥230 billion, a ¥45 billion increase
- Second cost increase due to rising materials and labor costs amid Ukraine war and weak yen
- Central government, Osaka governments, and businesses to split the costs
- Central government to allocate funds in supplementary budget for 2023
- Security costs also expected to jump by tens of billions of yen, adding to public burden