Russia’s ten-year space budget slashed again

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The uncertainty of budgets: Russia has once again cut the ten-year budget for its space program, forcing its space agency Roscosmos to reconsider its ten-year plan running through 2025.

Russia’s federal space agency Roscosmos will receive just 1.5 trillion rubles ($22.5 billion) in government funding over the next ten years, less than half of estimated figures cited by space officials earlier this year, a Roscosmos statement said on Monday evening. The space agency was planning on receiving around 3.4 trillion rubles as part of the Federal Space Program 2016-2025 (FSP), a decade-long planning document that lays out Russia’s goals in space and allocates funding for them.

But Russia’s economic crisis and a broad readjustment of government spending across all sectors has forced Roscosmos to redraft its 10-year proposal several times over the past year.

This is not necessarily bad news for Russia’s space program. The cuts will force them to function like a private company, lean and mean, rather than a bloated wasteful government operation. They therefore might actually be more competitive as a result.

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