Tokyo organizers reach agreement on allocation of 2020 costs
TOKYO — Organizers of the Tokyo Olympics reached a broad agreement Wednesday on the allocation of costs for the 2020 Games with the metropolitan, national and local governments of the seven prefectures and four other cities hosting events.
Governments outside Tokyo that are to host competitions agreed on basic principles concerning cost sharing.
Yoshiro Mori, the head of the organizing committee, said the agreement was a step forward.
“I think our preparation has been at least one year behind,” Mori said. “We want to speed up the process now so that we can catch up.”