Dagestan has highest efficiency of using federal finances

Dagestan is one of the top 20 dotation regions with efficient use of state finances, Fintimes.km.ru reports.


Analysts from FinExpertiza compared subjects according to the rise of investments within 3 years, increase of industrial production and tax payments.


Russian Vice-Premier Alexey Kudrin proposed formation of a fund equal to 10 billion rubles to stimulate investments.


Director General of FinExpertiza Agvan Mikayelyan said that investments in the North Caucasus are more political rather than economical.

The Jewish Autonomous Region and Ingushetia receive most dotations. Tuva, Yakutia, Buryatia, Dagestan, Altay and Amur Region are in the same situation.


The eight regions may receive finances from the fund of investment stimulation. Other regions may be of interest to the government too.

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