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Russia to spend 2.5 billion pounds rebuilding Chechnya
by Shihar Aneez

Reuters    Translate This Article
23 June 2008

MOSCOW (Reuters) - Russia will spend $5 billion (2.5 billion pounds) by 2011 on rebuilding Chechnya, Russian Prime Minister Vladimir Putin said on Monday.

The government has poured billions of dollars into rebuilding Chechnya after fighting between Russian forces and Chechen rebels waned.

Russian soldiers have fought two wars since 1994 against rebels in the mainly Muslim republic and the region still battles sporadic violence.

'Tens of thousands of jobs will be created and production will double,' Putin said.

Putin has close ties with Chechen president Ramzan Kadyrov, who became president in 2007.

Kadyrov has repeatedly called for more cash from Moscow to rebuild Chechnya, although the republic earns large sums from its high-quality oil.

Russian President Dmitry Medvedev has promoted Kadyrov to the State Council, a group of seven regional leaders who meet to advise him on policy.

(Reporting by Anton Doroshev; Writing by James Kilner; Editing by Elizabeth Piper)

Copyright 2008 Reuters. Reprinted with permission from Reuters. Reuters content is the intellectual property of Reuters or its third party content providers. Any copying, republication or redistribution or Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. Reuters and the Reuters Sphere Logo are registered trademarks of the Reuters group of companies around the world. For additional information about Reuters content and services, please visit Reuters website at www.reuters.com. License # REU-4198-JJM.



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