The IOC has budgeted $509,285,000 to fund development and assistance programs for athletes and national Olympic committees over the next four years, placing extra emphasis on refugee athletes. The International Olympic Committee released a statement saying its Olympic Solidarity budget for the 2017 to 2020 period was a 16 percent increase on the $439,870,000 from the 2013-16.
“This increase shows that the athletes remain at the heart of all our activity,” said Pere Miro, the IOC’s deputy director general for relations with the Olympic movement.
The funding represents a share of the broadcast rights from the 2016 and 2018 Olympics, and is for programs prioritizing athlete development, training of coaches and sports administrators.
There are two new programs across the 21 proposed for 2017-20, including one that puts extra emphasis on refugee athlete support.
The IOC said building on the experience in Rio, where a refugee Olympic team competed for the first time, it would create a dedicated program to provide NOCs with the opportunity to identify and support a small number of refugee athletes living in their countries to prepare and participate in international competitions.
- Shah Rukh Khan On Raees Clash With Kaabil: It’s Impossible To Have A Solo Release In India
- US-President Elect Donald Trump Named TIME’s Person Of The Year 2016
- O. Panneerselvam: 10 Things You Need To Know
- PM Narendra Modi Slams Opposition For Not Letting Parliament Function
- Nawazuddin Siddiqui On Working In Raees: Was Nervous To Shoot With Shah Rukh Khan
- Bathinda Dancer Murder: Video Showing Accused Opening Fire At Marriage
- 5 Lesser Known Facts About Sasikala Natarajan
- Congress Leader Shashi Tharoor’s Delhi Home Burgled: Here’s What Happened
- Reserve Bank Of India Keeps Repo Rate Unchanged Post Demonetisation
- Bigg Boss 10 Dec 06 Review: Swami Om Pees In Kitchen
- Lenovo k6 Power Video Review
- Bigg Boss 10 December 5 Review: Manveer Calls Swami Om ‘kachdaa’
- PM Narendra Modi Declared Winner Of TIME Magazine’s Person Of The Year – Reader’s Poll
- Paneerselvam sworn in as new Chief Minister of Tamil Nadu
- Tamil Nadu CM J Jayalalithaa Passes Away After Suffering Cardiac Arrest