Economy
There are some natural resources in Ingushetia: mineral water in Achaluki, oil and natural gas in Malgobek, forests in Dzheirakh, metals in Galashki. The local government is considering the development of tourism however this is problematic due to the uneasy situation in the republic itself and the proximity of some conflict zones. However, Ingushetia continues to remain as one of Russia's poorest republics, largely due to the ongoing conflict, corruption and civil disorders. Unemployment is estimated to be around 53%, and growing poverty is a major issue.
Read more about this topic: Republic Of Ingushetia
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)