Russia increases 2018 football World Cup budget
BY Agencies6 Feb 2017 6:12 PM GMT
Agencies6 Feb 2017 6:12 PM GMT
Russia has increased spending on the 2018 World Cup preparations by 19.1 billion rubles ($324 million), according to information posted on the official information website on Monday.
Expenditure on the programme's implemenation has been raised from 619.7 billion rubles ($10.5 billion) to 638.8 billion rubles (about $10.8 billion), according to the document, reports Tass.
A total of 350.5 billion rubles ($5.9 billion) will be allocated from the federal budget and 92.2 billion rubles (about $1.6 billion) from regional budgets while 196 billion rubles (around $3.3 billion) will be spent by organisations. Russia is currently in full-swing preparations for the global football tournament.
The country selected 11 host cities where matches of the 2018 World Cup will be held between
June 14 and July 15.
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