MOSCOW (AP) — Russia's Sports Minister says the government will cut the budget for hosting the 2018 World Cup as part of plans to slash state expenditure while recession looms. The Russian government is cutting its spending by 10 percent across the board after the central bank predicted last month that the economy could contract by up to 4.7 percent this year. Mutko, who is a FIFA executive committee member, said in comments reported by the Tass news agency that World Cup stadiums and associated infrastructure would be exempt from the cuts, but "various organizational issues" and "subsidies to the organizing committee" would be cut.Read more on NewsOK.com

Topics:  moscow ap     russia's sports minister   the russian   mutko   fifa   tass   newsok   world cup   cut   budget   percent   government   committee   
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