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MOSCOW, November 12 (RIA Novosti) - Russian...

but the efficiency of spending leaves much to be desired. Moreover, part of the funds is almost openly stolen by officials, at a time when unemployment and mass poverty in the Caucasus have reached extreme scales," he said.

Medvedev said a Cabinet post dedicated to tackling problems in the North Caucasus would soon be created.

The president said the list of investment projects to be formed should include energy, construction, tourism and agriculture-related ones. He also called for entrepreneurship and investment activity to be stepped up in the region to get rid of unemployment and enhance living standards.

Militant attacks and clashes remain common in Russia"s North Caucasus, even though the Kremlin campaign to fight separatists and terrorists in Chechnya has officially ended. Violence often spills over into nearby republics, in particular Ingushetia, Dagestan and Kabardino-Balkaria.



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