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Japan told IOC it would pay for cost of postponing Olympics

Updated: 2020-04-21 15:19
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A banner for the Tokyo 2020 Olympics is seen behind a traffic sign in Tokyo, March 23, 2020. [Photo/Agencies]

TOKYO - Japanese Prime Minister Shinzo Abe has agreed that his country would shoulder the cost of postponing the Olympics - estimated at around $3 billion - in line with the existing contract, Kyodo news agency said, citing the International Olympic Committee.

Kyodo said the IOC, headquartered in Switzerland, made the disclosure on Monday.

Reuters

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