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Coronavirus: Who will cover cost of postponing Tokyo 2020 Olympics?

Japan's Prime Minister Shinzo Abe wipes his nose as he holds a news conference on Japan's response to the coronavirus disease (COVID-19) outbreak, at his official residence in Tokyo, Japan, March 28, 2020. [REUTERS/Issei Kato]

Olympic Games are leading international sporting events featuring summer and winter sports competitions in which thousands of athletes worldwide participate in a variety of competitions.

The novel coronavirus has continued to wreak havoc and the question on our lips is; who will foot the bill for postponingTokyo 2020 Olympics?

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