DUBAI, December 9. /TASS/. The prize fund of Men's World Boxing Championship in 2024 will total $10 mln, International Boxing Association (IBA) President Umar Kremlev said.

"The prize fund of Men's World Championship next year will total $10 mln," he said at the meeting of the IBA congress. "The prize fund of Women’s World Championship that will take place in Kazakhstan will equal $5 mln," Kremlev added.

Women’s World Boxing Championship will be held in Astana. The venue of Men's World Championship will be defined later.