The Luzhniki Stadium in Moscow will host the opening match and the final at the 2018 FIFA World Cup ©Getty Images

An extra 4.7 billion rubles (£63.1 million/$81.6 million/€75.1 million) will be spent on preparations for the 2018 FIFA World Cup in Russia, according to the nation's Government.

Today the budget for the tournament was increased to just over 643.5 billion rubles (£8.6 billion/$11.2 billion/€10.3 billion), with 355.16 billion rubles (£4.8 billion/$6.2 billion/€5.7 billion) coming from the Federal Government and 92.21 billion rubles (£1.2 billion/$1.6 billion/€1.5 billion) from regional sources.

It comes as Russia's President Vladimir Putin approved plans to increase security measures during the World Cup and also this year's FIFA Confederations Cup.

According to news agency TASS, the decree announced today states any mass rally during either tournament must be coordinated with the Interior Ministry's regional departments and local security authorities.

Sales of weapons, firearms, ammunitions, explosives and poisonous substances will also be banned in certain areas.

Russian President Vladimir Putin also signed a decree to increase security during the 2017 FIFA Confederations Cup and 2018 World Cup ©Getty Images
Russian President Vladimir Putin also signed a decree to increase security during the 2017 FIFA Confederations Cup and 2018 World Cup ©Getty Images

The Confederations Cup, seen as a test event for the World Cup, is due to be staged between June 17 and July 2 with four stadiums in Moscow, Saint Petersburg, Sochi and Kazan being used.

Alongside Russia, defending World Cup champions Germany will be joined by Australia, Chile, Mexico, New Zealand, Portugal and Cameroon in the competition.

The World Cup is scheduled to take place between June 14 and July 15 the following year.

Brazil are the only other team apart from the hosts who have qualified for the 32-team tournament so far.