Priorities of regional economic policy in Krasnodar Territory

The territory authorities believe that it is possible to improve the situation in the region and in the country in general only by strengthening of the role of the state in the regulation of economic relations. That was in particular expressed in the address of February 11, 1997 on social and economic situation and programme of top-priority actions of the administration of Krasnodar Territory. The task is set in the document: to achieve free transfer to state authorities of majority interest in a number of large joint-stock companies thus creating state joint-stock companies.

It is planned to ensure financing from the centralised sources of the Federal target programme of development of Krasnodar Territory for 1996 ? 2000 approved by the Russian government. The programme defines main directions of structural rearrangement of the economy of the region performed in two stages. However today it is apparent that the Federal programme is not performed. In this connection the territory government develops a number of programmes implemented for the funds of the regional budget.

At the end of 1998 the government of Krasnodar Territory has approved several priority medium-term programmes:

 

 

The government and administration of the territory also plan to support agriculture as the basis of economy of the territory and export-oriented companies.

Source: I.G. Kosikov, L.S. Kosikova. North Caucasia: Social and Economic Reference Book