Adygea

President Sovemen vows no more investments into farm industry

ADYGEIYA, September 27, Caucasus Times, – There would be neither government, nor his personal investments into the farm industry of Adygeya, said President of Adygeya speaking at his meeting with the Cabinet September 27.
“The agriculture is a profitable business, and I’d rather help the doctors and teachers,” Mr. Sovemen was quoted as saying “and in any case the republic will not left without bread.” The president said he would allocate $2.068 million of his personal money annually to supply the republic with bread instead of investing into local farm industry.

Earlier Mr. Sovemen has reportedly invested at least $10 million to boost local farm production and encouraged farmers to keep the grain they harvested at the local elevators aiding them to sell the grain at reasonable prices to help the farm industry stay solvent and pay off the credits. Eventually, the president’s campaign turned a total failure as only 20% of all 300.000 tons of grain had been stored at the elevators. This year the local farmers gathered the biggest harvest of wheat they ever did but preferred to have it sold right away. As a result, the full amount of credits will hardly be paid off this year and the republic may face most likely financial problems.

Resignations of Adygeya’s prime-minister Khazret Huadeh and minister of agriculture Shrakhmet Shalyakho followed the president’s plan failure.

Dinara Yemizh, Caucasus Times, Maykop

Editor

The “Free Eurasia” project is an independent media platform based in Prague, with an ambitious mission to provide the regions of Central Asia and the Caucasus with high-quality, objective and timely information in their national languages. We unite the expertise of editors and journalists working in Tajik, Uzbek, Kazakh, Kyrgyz, Circassian, Avar and Russian to break the monopoly of state-run Russian-language media and amplify the voices of local communities. Direction Our work focuses on comprehensive coverage of social, political, economic and cultural developments in Central Asia and the Caucasus, as well as the issues facing diasporas in Russia, Turkey, China and other countries. We produce news, analytical articles, video reports, podcasts, interviews and journalistic investigations. Special attention is paid to topics rarely addressed by state media: human rights violations, corruption, ethnic and cultural identity, migration and international relations. We strive to engage audiences of all ages, with a particular emphasis on young people and residents of remote regions, offering them digital content in their native languages. Goal Our main goal is to promote the development and sustainability of independent media in Central Asia and the Caucasus. We aim to strengthen the region’s informational sovereignty by expanding access to truthful sources and raising media literacy. At the same time, we support the development of national languages as key elements of identity and cultural heritage, encouraging public discussion and engagement. The project seeks to become a catalyst for building a strong civil society and defending democratic values, helping to train new professional journalists and fostering international cooperation.

Leave a Reply

Your email address will not be published. Required fields are marked *