Kabardino-Balkaria: The Local Tourism Development Confirms Russia’s Regional Economic Strategy
The tourism sector in Kabardino-Balkaria has experienced substantial growth, contributing significantly to the region’s budget. In 2023, the sector contributed 13 billion rubles, marking a remarkable thirteen-fold increase in the past five years. The discernible upswing in the tourism sector within Kabardino-Balkaria underscores Russia's committed endeavours towards fostering and augmenting tourist infrastructure in the North Caucasus.