<p>   u00a0</p>  <p>   u00a0</p>  <div id="cke_pastebin">   Sports Minister Vitaly Mutko said the sum paid to the Russian organising committee will cover all operational costs of staging the tournament, such as travel expenses, media facilities, stewarding and decorating the stadiums.</div>  <div>   u00a0</div>  <div id="cke_pastebin">   It does not include construction or infrastructure expenditure.</div>  <div>   u00a0</div>  <div id="cke_pastebin">   The budget covers expenses from this year until the end of the tournament year, Mutko said.</div>  <div>   u00a0</div>  <div id="cke_pastebin">   &quot;FIFA has provided $699 million, that&#39;s including the year 2018. For the 2010 World Cup approximately the same amount was granted,&quot; he said.</div>  <div>   u00a0</div>  <div id="cke_pastebin">   The World Cup is expected to boost Russia&#39;s GDP by 527 billion rubles (around $18 billion) and create a million jobs, Russian business daily Vedomosti reported citing statistics from the organising committee.</div>  <div>   u00a0</div>  <div id="cke_pastebin">   Russia was awarded the World Cup in December 2010, beating a solo bid from England and joint efforts from Spain and Portugal and the Netherlands and Belgium.</div>  <div>   u00a0</div>  <div id="cke_pastebin">   Russia will name 11 host cities in September after a tour by a FIFA delegation of 13 candidate cities.</div>

FIFA has granted Russia a budget of $699 million to host the 2018 World Cup, a similar amount to that received by South Africa for the 2010 tournament.

FIFA allocates $699 mn for Russia 2018

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FIFA allocates $699 mn for Russia 2018

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