Investments in economy of Dagestan grow by 16% in 2024
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The volume of investments in the Republic of Dagestan over the period from January to September of the year 2024 reached an amount of RUB 193.1 billion. This represents an increase of 16 percent compared to the same period in 2023.
Apart from Dagestan, there is an increase of investments in fixed assets in other regions of the Northern Caucasus, such as Kabardino-Balkar Republic (up to RUB 39.2 billion, a 46% increase), Chechen Republic (up to RUB 153.7 billion, a 27% increase), and Stavropol Territory (up to RUB 228.5 billion, a 1.2% increase).
On the other hand, there was a decrease in the volume of investments ranging from 5 to 26 percent in Ingushetia, Karachay-Cherkessia and Northern Ossetia.