Russia increases spending on 2018 football World Cup preparations

football icon11Moscow: 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 implementation 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.

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The country selected 11 host cities to be the venues for the matches of the 2018 World Cup and they are Moscow, St. Petersburg, Sochi, Kazan, Saransk, Kaliningrad, Volgograd, Rostov-on-Don, Nizhny Novgorod, Yekaterinburg and Samara.

The matches of the 2018 World Cup will be held between June 14 and July 15 at 12 stadiums located in the 11 above-mentioned cities across Russia. Two of the stadiums are located in the Russian capital of Moscow.