Ministry of Economic Development of the Russian Federation
Ministry of Economic Development of the Russian Federation
Ministry of Economic Development of Russia Discussed Key Tasks for the Year 2020 with the Chiefs of the North Caucasus Constituents
15 May 2020 12:16

Ministry of Economic Development of Russia expects to introduce systematic approaches to the development of the macroregion and provide a set of measures aimed at solving problems and unlocking the potential of the North Caucasus as a priority geostrategic territory of Russia. The main focus will be on developing an optimal model and tools for stimulating investment activities, which should lead to economic growth in the North Caucasus. This was announced by Mikhail Babich, First Deputy Minister of Economic Development of Russia, during VCC with the chiefs of the NCFD constituents.

“Now, measures are finalized to transfer powers from the Ministry of the Caucasus of the Russian Federation to the Ministry of Economic Development. At this stage, it is important to synchronize actions of the regional authorities and the ministry to ensure the implementation of the state program for socio-economic development of the North Caucasian Federal District. This is of especial importance in the current socio-economic situation,” Mikhail Babich said.

As instructed by Deputy Prime Minister Yuriy Trutnyev, Ministry of Economic Development is developing proposals to improve government policy in the North Caucasus, as well as analyzing systemic problems and approaches to their solution.

“This work should be carried out in affiliation with the chiefs of the North Caucasus constituents. Assessment of work of the state program and proposals from the regions should form the basis of the key tasks of the Ministry of Economic Development on the development of the North Caucasus. The transformation stage should be synchronized with the strict deadlines for 2021-2023 budget forming,” Mikhail Babich said.

During the meeting, the chiefs of the NCFD constituents addressed the current issues and discussed the results of special measures taken to prevent the spread of coronavirus infection.

Ministry of Economic Development of Russia, which is responsible for territorial and regional policy in a whole in the country, intends to introduce systematic approaches to the development of the macroregion, at the same time to provide a set of measures aimed at solving problems and unlocking the potential of the North Caucasus as a priority geostrategic territory of Russia. The main focus will be on developing an optimal model and tools for stimulating investment activities, which should lead to economic growth in the North Caucasian macroregion in general.

During the meeting, the chiefs of the NCFD constituents addressed the current issues and discussed the results of special measures taken to prevent the spread of coronavirus infection.

Дата публикации: May 15, 2020
Ссылка: https://en.economy.gov.ru/material/news/ministry_of_economic_development_of_russia_discussed_key_tasks_for_the_year_2020_with_the_chiefs_of_the_north_caucasus_constituents.html
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