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Sunday, 23 October 2016


Kokoity to dissolve Ministry of Economy

2011-01-25 16:34

12673.jpegToday, President of SO Eduard Kokoity signed a decree on establishing Ministry of Capital Construction, Road Construction and Architecture, Echo of Caucasus reports.


The post of minister was given to Chermen Khugayev, a recent Deputy Chairman of the Committee on SO Republic Restoration. The new government structure has been formed out of Ministry of Economic Development, of which the construction administration was a part since September 2009 in the status of a department.

7 key ministries that are developing Russian funding, including Ministries of Communication, Agriculture, Construction, Transport and Road Facilities, were united into a single Ministry of Economy.

In the opinion of Chairman of the State Control and Economic Security Committee Batraz Tokazov, the establishment of a hyper-ministry justified itself neither from the point of view of transparency, nor from the point of view of efficiency.

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