Proceedings of the International Conference on Economics, Management and Technologies 2020 (ICEMT 2020)

Budget Financing of Infrastructure Projects as a Tool for Implementing the Investment Policy of the Regions of the Russian Federation

Authors
Liliya S. Nevyantseva, Adil B.D. Dukhkhani
Corresponding Author
Liliya S. Nevyantseva
Available Online 12 May 2020.
DOI
10.2991/aebmr.k.200509.024How to use a DOI?
Keywords
budget investments, budget financing, investment project, infrastructure, regions, investment policy
Abstract

The article discusses the current practice of using budget financing for investment and infrastructure projects in the Russian Federation. The use of budget investments at the level of Federal districts of the Russian Federation is analyzed. It is established that the maximum concentration of Federal investments is typical for depressed regions (the North Caucasus and southern Federal districts), as well as for Moscow due to its strong competitive advantages. The dynamics of targeted subsidies from the center sent to the regions is shown. The main branches of budget financing of investment projects in Russia are indicated. Further prospects for budget financing in Russian regions are presented, in particular, spending on infrastructure projects for the next five years and the plan of the Federal targeted investment program of the Russian Federation for 2020. It is noted that at the current stage of budget investment in the development of regional economies is not enough, in this regard, the factors that affect the incomplete use of budget funds in project financing are highlighted. Some approaches to the formation and implementation of investment policy at the regional level to improve the efficiency of budget funds are proposed.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Conference on Economics, Management and Technologies 2020 (ICEMT 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
12 May 2020
ISBN
10.2991/aebmr.k.200509.024
ISSN
2352-5428
DOI
10.2991/aebmr.k.200509.024How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Liliya S. Nevyantseva
AU  - Adil B.D. Dukhkhani
PY  - 2020
DA  - 2020/05/12
TI  - Budget Financing of Infrastructure Projects as a Tool for Implementing the Investment Policy of the Regions of the Russian Federation
BT  - Proceedings of the International Conference on Economics, Management and Technologies 2020 (ICEMT 2020)
PB  - Atlantis Press
SP  - 126
EP  - 133
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200509.024
DO  - 10.2991/aebmr.k.200509.024
ID  - Nevyantseva2020
ER  -