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Russia to spend $2.8 bln on space program in 2017 — draft

October 12, 16:39 UTC+3 MOSCOW
The draft stipulates allocating $1.5 billion for implementation of the federal space program
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© Sergei Savostianov/TASS

MOSCOW, October 12. /TASS/. Russia’s draft federal budget for 2017 envisages allocating about 173.24 billion rubles (about $2.8 billion) on space activity, according to the document posted on the federal web portal of draft regulatory acts on Wednesday.

Specifically, the addendum to the draft federal law for 2017 and for the planned period of 2018 and 2019 stipulates allocating 92.46 billion rubles ($1.5 billion) for the implementation of the federal space program and slightly over 21 billion rubles ($335 million) on the target program of the development of spaceports. Over 1.2 billion rubles ($19 million) is expected to be spent next year on maintaining the potential of the Baikonur space center in Kazakhstan.

Also, about 38.33 billion rubles ($612 million) is slated for the 2012-2020 targeted program to maintain, develop and use the GLONASS satellite navigation system next year, according to the draft federal budget.

It follows from the document that over 2.2 billion rubles ($35 million) is expected to be allocated from the federal budget to finance the creation of a megawatt transport and energy module with a nuclear propulsion system.

Another 1.95 billion rubles ($31 million) are expected to be spent on "performing the functions to select and train" cosmonauts, the draft document says.

As many as 622.33 million rubles ($9.9 million) are stipulated in the draft federal budget for next year to insure risks and liability during the launches and flight tests of spacecraft.

Subsidies for the State Space Corporation Roscosmos will amount to 314.87 million rubles ($5 million), the draft document says.

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