OREANDA-NEWS  Russian President Vladimir Putin called the Russian budget large, reliable and balanced. He told about this during a meeting with young scientists and specialists of the country's space industry.

"This is not sequestration [of the federal space program], there is a certain tightening of individual budget items. In general, our budget is large, reliable and balanced," he said.

According to the President, the economic situation depends on the readiness of individual industries, including the space industry, to develop segments of their work.

In early October, Vladimir Putin said that the structural restructuring of the economy had naturally begun in Russia. In addition, according to him, the real incomes of Russians increased by more than 12 percent. The President clarified that the country has overcome all the problems that arose after the imposition of sanctions, and now "it is important to maintain this trend and not miss it."