MOSCOW (AFP) – Russia have slashed their budget for the 2018 World Cup by almost 30 billion rubles (490 million euros, $560 million), the government said on Monday, without giving a reason.The budget has been cut from 660.6 billion rubles to 631.5 billion rubles, a drop of 4.5 percent.Russia is in the midst of a financial crisis due to western sanctions imposed over the conflict in Ukraine and a crash in the global oil price.The construction and renovation of stadiums will not be affected by this reduction in spending, sports minister Vitali Mutko told sports news agency R-Sport.Its about optimising …read more
Source: Dunya TV
