Fifa is to invest US$900 million in the development football during the 2015-2018 period, following the budget approval by Fifa's 64th Congress in São Paulo, Brazil, on June 10-11, on the eve of the opening match of the Fifa 2014 World Cup, which is being hosted by Brazil. This amount represents an increase of US$100 million over the previous budget, as Fifa's development budget for the 2011–2014 period was US$800 million. This amount also represents 56 times more than the amount invested by Fifa in 1995-1998, when some of the flagship development initiatives were originally launched. The key priorities for the new term include the doubling of women's football development funds, the support for national youth competitions, a five-fold increase of the capacity to provide football equipment on priority projects such as youth, women's football, grassroots, futsal and beach soccer, the increase in the financial support to member associations for youth tournament qualification rounds, and the strengthening of football's information system. Since 1999, Fifa has given an overall US$2 billion to its member associations and confederations.