The International Olympic Committee is the supreme authority of the Olympic Movement.

The International Olympic Committee is a not-for-profit independent international organisation made up of volunteers, which is committed to building a better world through sport. It redistributes more than 90 per cent of its income to the wider sporting movement, which means that every day the equivalent of USD 3.25 million goes to help athletes and sports organisations at all levels around the world.

Voting power of large nations within the Pan American Sports Organization (PASO) was reduced at the body's Extraordinary General Assembly here today, while a controversial proposal to drastically decrease the number of people eligible to stand for the Presidency was abandoned.