Russia Cuts Budget for New Space Program by $15Bln Due to Crisis
Moscow (Sputnik) Apr 23, 2015 - Russia's draft Federal Space Program for 2016-2025 envisions budget cuts by more than 800 billion rubles ($15 bln) to 2 trillion rubles ($37 bln), Federal Space Agency Roscosmos said Wednesday. "The cost of the program's projects has changed significantly in the past year due to current economic conditions, exchange rate fluctuations and changes in inflation rates," Roscosmos head, Igor Ko ... more
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