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Dmitry Medvedev heard Alexander Khloponin’s report on carrying out the Presidential instructions regarding economic development in the North Caucasus.
Alexander Khloponin reported that the Russian Government has approved the region’s development strategy until 2025 and that a concrete action plan for the implementation of this strategy in each of the region’s republics will be approved by the end of November. A development institute has also been established with a registered capital of 500 million rubles [over $16 million] to help the republics form their investment programmes. In addition, the plan calls for the active use of public-private partnerships.
The President noted the poor progress in Daghestan’s economic development, stating that the republic’s day-to-day life needs to be filled with economic projects.
The President also emphasised the necessity of strengthening law enforcement in the North Caucasus.
November 8, 2010, Gorki, Moscow Region