At the St. Petersburg International Economic Forum (SPIEF) Head of Dagestan Ramazan Abdullatipov informed that financing of the separate program for the Republic in the framework of the state program of development of North Caucasus Federal District till 2025 will be increased by 25-30%, to 217.1 billion rubles with the help of involvement of private investments.
"A sub-program is intended for 167 billion rubles. In comparison to other regions this sum is acceptable: 16 billion a year. We are planning to involve about 25-30% of private investment. If there is no support, we will not be able to maintain a positive dynamic of development of the country, which is extremely important. It is necessary to restore the outpost role of Dagestan Russian near the southern borders of Russia,’’ TASS cites him.
