Russian Government Tightens Control Over Roscosmos Spending

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MOSCOW (Roscosmos PR) – On April 28 in Moscow, there was signed the Agreement on Cooperation between the Accounting Chamber of the Russian Federation and the Federal Space Agency, which was signed by Chairman of Russian Accounts Chamber Sergei Stepashin and head of the Russian Space Agency V.A. Popovkin.

Stepashin said that “the Federal Space Agency is undergoing considerable transformation, preparing new organizational changes. Today it is necessary to restore order. This is due to the initiative and the Federal Space Agency to sign our agreement. “

V.A.Popovkin noted ambitious challenges currently facing the Federal Space Agency, as well as a significant increase in space funding. “With your help, Sergei Stepashin, in the framework of the signed agreement, we hope to solve the problem of control over the funds, as well as analysis of performance in the financial field,” said the head of the agency.

The document provides for the interaction of the Parties to enhance the effectiveness of state policy in the field of space activities, the implementation of federal programs related to the creation of rocket and space technology, management of state property, the use of space systems and complexes, and using the results of their activities.

The agreement defines the main directions and forms of bilateral cooperation as well as the basis for the development and implementation of joint programs and projects.

As part of this Agreement, the parties intend to cooperate in the conduct of the established procedure of analysis of financial and economic organizations of the space industry (RCP), including to identify the preconditions to violate the established order of usage of budget funds allocated to the RCP, and the presence of other abuse .

In addition, the Chamber and the Federal Space Agency plans to establish joint commissions, working groups and other advisory bodies, which will exchange information on matters of mutual interest and to hold regular joint events – seminars, conferences, “round tables” and other events.

Editor’s Note: Accounting to the Accounting Chamber of the Russian Federation’s website, the organization pursues the following main objectives:

  • Control over timely and full execution of the federal budget and federal extra-budgetary funds
  • Verification of effectiveness and expediency of disbursement of state funds and use of the federal property
  • Expertise of drat federal laws which can have different degree of influence on the formation and execution of the federal budget.

In other words, the destiny of those public funds, resources and federal property which compose the wealth of the nation are subject to control by the Accounts Chamber of the Russian Federation.

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