Federal Space Program was cut by 30%


The funds for the Federal Space Program for 2016-2025 years were reduced from 2 trillion rubles ($24 billion) to 1.4 trillion rubles ($17 billion), as reported by “Interfax“.

According to the state corporation “Roscosmos” (Russia’s space agency – RRT), the reason is the difficult economic situation, and the fall of the ruble. Due to the reduction of funds, in particular, the creation of a missile system with a returning first stage was excluded.

As the head of Roscosmos Igor Komarov explained, in the current situation development of such a project is economically unprofitable. At the same time, this project is definitely not cancelled, but the beginning of work is now scheduled for 2025.

Also, launching a manned mission to the moon was postponed once again. Previously it was assumed that work will begin in 2030, now it is moved to 2035.

It is not the first time the Federal Space Program for 2016-2025 is being cut. In 2014, when it was just starting to be developed, it was supposed to allocate 2.4 trillion rubles for it ($75 billion with the exchange rate at that time, and $29 billion with the current exchange rate).

Source: slon.ru