CHECHNYA'S ECONOMIC PROGRAMME TO BE ACCOMPLISHED WITHIN A YEAR

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MOSCOW, MARCH 19, 2004. (RIA NOVOSTI) - A program for Chechnya's social and economic development is to be accomplished within a year, said the republic's Premier Sergey Abramov.

Chechen President Akhmad Kadyriv has already familiarized himself with proposals to this program, submitted by the Russian Audit Chamber. The Chechen State Council is the next to examine them.

Asked by reporters about prospects for the development of the republic's fuel-and-energy complex, the Chechen prime minister said that there was an urgent necessity of changing the routine whereby the republic was barred from revenues connected with its energy industry. "This is an inadmissible situation, which caused underpayments to the republic's consolidated budget in the past," Abramov pointed out.

For his part, the Audit Chamber's expert Sergei Ryabukhin named the main priorities to be included into the development program. "These are above all the oil industry and the agriculture with related industries. Besides, the construction branch should be also restored, which will call for the establishment of a considerable motor pool," he added.

Ryabukhin noted that the six-month-long term of adopting the program is accounted for by the need for the Chechen government to place an application at the 2005 federal budget for allocating funds required for the definite stages of the programme.

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