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.