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Oct. 21, 2008
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Putin Promises Space Agency 200 Bill.
There will be 200 billion rubles allocated for space exploration in the 2009-2011 Russian federal budget, Interfax reports. Prime Minister Vladimir Putin announced the Roscosmos budget at a meeting in Zheleznogorsk on the implementation of priority cosmonautics. He said all the necessary legislation is already in place.
Putin also stated that Russia will continue meeting its obligations for the construction opf the Russian segment of the International Space Station. It had been planned for the Russian segment of the station to be completed by 2010, but 120-billion rubles shortfall in funding prevented that. Now it has a completion date of 2105.

The prime minister noted the need for a special target program for the use of Russian space technology development to benefit the Russian regions. He said the model of development of the sector would be changed. He said the industry’s lack of integration “is the path to the extinction of investment and new technology, the loss of a promising market, including the one in our own country.” Putin added that such a program was needed immediately and should be in force by 2010.
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