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Chechen leader calls for 15 pct unemployment drop in 2011

02 December 2010 21:07 (UTC +04:00)

Baku-APA. Ramzan Kadyrov, the head of Russia’s volatile Chechnya republic, has ordered his government to develop small and medium businesses in order to lower unemployment by 15 percent in 2011, APA reports quoting RIA Novosti.
"We managed to reduce unemployment from 45 to 40 percent this year, and the goal for the leadership and the government in 2011, is to reduce it to 25 percent," Kadyrov said.
Local authorities earlier said regional and federal spending on the development of Chechnya’s small and medium enterprises had been doubled to 700 million rubles ($22.3 million).
The construction of several large industrial facilities will begin next year, which is expected to create some 5,000 jobs , Kadyrov said.
But, he added, this will take several years and local residents should be given an opportunity to â€œearn their daily bread today.â€