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Reuters
Reuters
Business

World Cup may boost Russia GDP by 150-210 billion roubles per year - organising committee

FILE PHOTO: A sign with the logo of the 2018 FIFA World Cup Russia is on display near the Kremlin before the events, dedicated to the upcoming World Cup Final Draw, in central Moscow, Russia November 29, 2017. REUTERS/Sergei Karpukhin/File Photo

MOSCOW (Reuters) - The soccer World Cup could boost Russia's gross domestic product (GDP) by 150 billion to 210 billion roubles (2.4 billion pounds) per year over the next five years, according to a study by the tournament's organising committee released on Wednesday.

The study said that the World Cup added 867 billion roubles to Russia's GDP between 2013 and 2018.

(The story makes clear that 150-210 billion rouble figure is per year)

(Reporting by Jack Stubbs and Gabrielle Tétrault-Farber; Writing by Kevin O'Flynn; Editing by Polina Ivanova)

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