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Russia Rewrites Space Program in the Face of Economic Predicament

Update Date: Jan 02, 2016 08:31 PM EST

Russia is all set to modify its space program, said the National Space Agency after a news published in the national paper that reported how the country is planning to cut corners worth billions of dollars that also includes the moon exploration programs. For the revision of the space program, many government ministries got involved to complete the revision by 2025, said Roscosmos in a statement to Reuters. Even though not many details were provided in the statement, but a report in Izvestia newspaper said that the county's space program may also be suffering due to the government's cutbacks that were brought on due to tough economic times. Falling rouble followed by Western sanctions and plummeting oil prices, the Russian government is revisiting its spending plans from health sector to welfare. The Izvestia Newspaper provided the information about the proposed draft sent by Roscosmos to the government that revealed the spending cuts that are likely to be imposed by the Moon exploration program.

According to NBC News, Dmitry Rogozin. Russia's Deputy Prime Minister, an announcement was made last year that Moscow is planning to build a huge base on the moon, which he said, will be used for many upcoming scientific developments. As reported by National newspaper Izvestia, Roscosmos was suggesting spending cuts of approximately $1.22 billion of the manned flight lunar exploration segment. However, he also added that the funding required to build the spaceship for the moon will not suffer greatly. Roscosmos did not provide any further clarification on the figures and said that the revised program was very broad. "The revised project of the federal space programme for 2016-25 envisages the study of the Moon by automated orbiters, as well as by building up scientific and technical potential for further studies, including by manned missions," it said.

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