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Ingushetia and Dagestan entered the TOP-10 Russian regions in terms of road quality
Economy
Ingushetia and Dagestan entered the TOP-10 Russian regions in terms of road quality
12 August 2024

In Ingushetia, 82.8% of roads meet regulatory requirements. According to this indicator, the republic ranks fifth in the Russian Federation. These are the data from the RIA Novosti rating.

Among Russians, residents of the North Caucasus can buy the least amount of gasoline with their salary
Economy
Among Russians, residents of the North Caucasus can buy the least amount of gasoline with their salary
5 August 2024

RIA Novosti experts have compiled a rating of Russian regions based on the availability of motor fuel for the population, calculating the amount of gasoline that residents can buy with their average monthly salaries. It turned out that 92-octane gasoline is the least affordable in the North Caucasus.

The largest shares of informally employed citizens were recorded in the North Caucasus
Economy
The largest shares of informally employed citizens were recorded in the North Caucasus
19 July 2024

About half of all residents in Ingushetia, Kabardino-Balkaria and Dagestan (54.9%, 53.8% and 46.1% respectively) work in the informal sector, i.e. their employers do not pay taxes. These are the maximum figures among the regions of the Russian Federation.

Caucasian Investment Forum in Chechnya
Economy
Caucasian Investment Forum in Chechnya
18 July 2024

From July 15 to 17, the Caucasus Investment Forum was held in Grozny. State officials in Chechnya reported on dozens of signed contracts for investment in the republic. More about this in our video.

Airports are being reconstructed or built in all regions of the North Caucasus Federal District
Economy
Airports are being reconstructed or built in all regions of the North Caucasus Federal District
18 July 2024

The Ministry of Transport of the Russian Federation plans to complete the construction and reconstruction of airports in almost all regions of the North Caucasus by 2028. The Russian government included in the plan projects for the reconstruction of airports in Kabardino-Balkaria, Ingushetia and North Ossetia.

An Islamic banking office opened in Chechnya
Economy
An Islamic banking office opened in Chechnya
18 July 2024

Sberbank opened the first Islamic banking office in the North Caucasus in the capital of Chechnya, Grozny. It will offer more than 15 Shariah-compliant affiliate financing products.

The capitals of the Karachay-Cherkess Republic and Chechnya are among the top five in terms of housing construction volumes
Economy
The capitals of the Karachay-Cherkess Republic and Chechnya are among the top five in terms of housing construction volumes
15 July 2024

The capital of the Karachay-Cherkess Republic, Cherkessk, took third place in the ranking of housing construction per person with an indicator of 1.72 sq. m. Grozny was in 5th place - 1.55 sq. m. m. The most housing per person is being built in Krasnodar and Novorossiysk.

The regional capitals of the North Caucasus Federal District became outsiders in the industry salary rankings
Economy
The regional capitals of the North Caucasus Federal District became outsiders in the industry salary rankings
8 July 2024

The capitals of the North Caucasus regions took lower places in the ranking of the largest Russian cities in terms of salaries in various fields, published by RIA Novosti. Thus, in the TOP-100, Vladikavkaz was on the 95th line, Cherkessk - on the 94th, Grozny - on the 92nd, Magas - on the 91st, Makhachkala - on the 85th, and Stavropol - on the 55th. Civil servants receive the most in the North Caucasian Federal District - from 55 to 70 thousand rubles.

The republics of the North Caucasian Federal District are recognized as the poorest regions in Russia
Economy
The republics of the North Caucasian Federal District are recognized as the poorest regions in Russia
1 July 2024

Ingushetia and Karachay-Cherkessia became outsiders in the ranking of regions of the Russian Federation in terms of population income. Here the ratio of average income to the cost of a fixed set of goods and services is 1.1. These are the data of RIA Novosti.

Georgia and Ukraine will restore ferry service
Economy
Georgia and Ukraine will restore ferry service
20 June 2024

In February 2022, after the start of the “NWO”, the ferry service between Ukraine and Georgia was interrupted. Now it will be restored.