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SportsPosted at: Jul 2 2020 1:53PM


Lausanne 2020 announces "significant surplus" in operational budget

Lausanne, Jul 2 (Xinhua) The organising committee of the Lausanne 2020 Youth Olympic Games released a report revealing a "significant surplus" in operational budget and high popularity of the Games held in January.
"Lausanne 2020 has been a success in every respect for the IOC (International Olympic Committee), which has learned many useful lessons for the future. These Games were the fabulous laboratory that the Youth Olympic Games were created to be," said Christophe Dubi, IOC's executive director of the Olympic Games on Wednesday.
The organising committee announced that its operating budget projections showed a surplus of CHF 400,000 (423,000 US dollars).
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