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Russia Cuts 2018 World Cup Spending

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According to Russian media reports, the Russian government has ordered to cut the 2018 World Cup 30 billion rubles (about 352 million pounds) spending.

Russian sports minister Vitaly Alcatel said the construction and renovation of stadiums will not be affected by spending cuts, which aimed primarily at the local hotel industry. "We are optimizing and spending cuts. First, we have to eliminate the excess number of hotels."

FIFA said the budget cuts will not lead to the fans available hotel rooms shortfall during the 2018 World Cup.

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