Monday, February 6, 2017

Russia increases 2018 World Cup budget by $325 million (The Associated Press)

Russia has increased government spending on the 2018 World Cup by 19.1 billion rubles ($325 million) without explanation. Total spending rises to 638.8 billion rubles ($10.8 billion), with all of the increase coming from federal budget funds, which now make up almost 55 percent of total spending. There was no immediate comment by the World Cup organizing committee on the reason for the increase, which was announced when an updated budget document was published on the government legal database.

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