Russia to increase space program budget to nearly $70B for 2013-2020

Russia plans to increase spending on space exploration and the development of its space industry, the state-run RIA news agency reported, according to Reuters.

The country will spend $68.71 billion on space programs from 2013 to 2010, a big boost from the $3.3 billion Russia spent annually in 2010 and 2011, Reuters reported.

"The program will enable our country to effectively participate in forward-looking projects, such as the International Space Station (ISS), the study of the Moon, Mars and other celestial bodies in the solar system," Prime Minister Dmitry Medvedev said, according to Reuters.

Critics have blamed a series of embarrassing rocket failures and other crashes on Russia’s inadequate budget, Reuters reported.

On Dec. 9, for example, the Breeze-M upper stage of Russia’s Proton rocket failed, tossing a telecommunications satellite into a too-low orbit, Space.com reported. It was the third failure of the Proton heavy-lift rocket in the past 16 months.

More from GlobalPost: Another Russian rocket launch failure

Will you support The World today?

The story you just read is available for free because thousands of listeners and readers like you generously support our nonprofit newsroom. Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you: We need your support to ensure we can continue this work for another year.

Make a gift today, and you’ll get us one step closer to our goal of raising $25,000 by June 14. We need your help now more than ever!