July 14, 2008

Russia to Double Space Exploration Expenditure in 2009 – Agency

FARNBOROUGH, UK. July 14 (Interfax-AVN) - Russian budgetary expenditure on space exploration will more than double in 2009, Federal Space Agency Deputy Director Vitaly Davydov told Interfax- AVN at the Farnborough Air Show.

"The Finance Ministry has informed us of budgetary allocations planned for the federal space program in 2009. I am glad to say that the allocations will more than double," he said.

The agency managed to convey to the government the need for worthy funding of space exploration plans, Davydov said.

"Larger funds will be assigned not only for manned space programs. We will make substantial progress in Earth distant probing and hydrometeorology. We will fully implement our plan of space launches for the next three years," he said.

Much funds will be assigned for the development of a new spaceship, which will eventually replace the Soyuz, Davydov said.

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