Oslo 2022 Outlines Savings Plan

The Oslo bid committee for the 2022 Winter Olympic Games outlined a plan Thursday to cut its budget.

According to estimates, the bid committee said the measures could lower the state guarantee from 35 billion kroner ($5.6 billion) to 26.2 billion kroner.

Under the plan no new arenas would be built in Oslo for some events such as speed skating, which would be held at Hamar, the site of the event during the 1994 Lillehammer Winter Olympics.

Other savings would come from reducing the number of beds at the Olympic villages in Oslo and Lillehammer, and trimming administration and marketing budgets.

The cuts were perceived as necessary to rally support for the bid, since recent polls suggest public support is dropping and the government has not yet given its final backing for the bid.

The International Olympic Committee is to select the host city in July 2015. Beijing and Almaty are competing against Oslo for the 2022 Games.