Kommersant: The Ministry of Finance of the Russian Federation will not give Rostec money to develop a domestic engine
The ministry stated that they had no authority to dispose of the funds of the Rosinfokominvest fund, and Rostec wanted to receive them. In addition, the state corporation did not provide clear justifications for the project.
The Ministry of Finance of the Russian Federation advised Rostec to try to get a grant, for example, through the RFRIT foundation.
Rostec said in a comment for Kommersant that it will continue to work on the engine. The state corporation estimated the cost of its development at 5-6 billion rubles, and the time to create the first version is 2-3 years.
