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MOSCOW, July 7. /TASS/. The Russian government will keep financing the development of sports in the country and the necessary means will be allocated for this purpose in the state budget, Russian Sports Minister Vitaly Mutko told TASS on Wednesday.
"Budgeting process is underway and, although it is early to speak about it, I have no worries over the issue of sports financing," Mutko, who is also the president of the Russian Football Union (RFU), said.
"I am confident that all issues regarding sports will be safeguarded," the sports minister added.
Russia is currently in full-swing preparations for the 2018 FIFA World Cup. The country won the bid to host the global quadrennial football championship at the FIFA Congress in Guatemala on December 4, 2010.
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 mentioned above cities across Russia. Two of the stadiums are located in the Russian capital.